Robust Performance: GRSE Annual Turnover for FY 2024 Records YoY Growth of 33 Percent

Kolkata: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country, continues to maintain an upward financial growth and has achieved an annual turnover to the tune of Rs 3,400 crore (provisional & unaudited) for FY 2023-24, the highest ever in the history of the company.

The robust financial performance has been achieved by the company through effective management of resources and improved internal efficiencies.

ads

The company had also declared an interim dividend @ 79% of paid-up share capital against 55% of previous year.

In addition to being a leader in the shipbuilding sector in India, GRSE is a fully diversified company with products ranging from “Warships to Weapons”.

More like this

Israel Delivers BARAK MX Air-Defence System to Slovakia

Tel Aviv: Under the Euro 560 million agreement signed...

Persian Gulf: China’s PLAN Conducts Several Deployments to Safeguard Oil Imports and Intelligence Gathering

Tel Aviv: China’s Liberation Army Navy (PLAN) has conducted...

Airbus Delivers First A321XLR for Air Canada

Hamburg, Germany. The first of 30 Airbus A321XLRs for Canada’s flag...

SkyDrive and NEXCO West Sign Partnership Agreement on Advanced Air Mobility

Toyota, Japan. SkyDrive Inc., a leading eVTOL aircraft manufacturer based...

Elbit Systems Receives Multi-year Orders Exceeding $200 Million for Aerial Munitions from IMOD

Tel Aviv: As part of bolstering readiness for near-term...

India Should Act Proactively in Space Sector: CDS Gen Chauhan

Amid rising geopolitical tensions and the increasing centrality of...

Unimech Aerospace to Acquire Majority Stake in Hobel Bellows for ₹450 Crore

Unimech Aerospace and Manufacturing Ltd is set to acquire...
Indian Navy Special Edition 2025spot_img