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

Date:

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

Brazil’s Embraer Targets India’s $40 Billion Aviation Market with Local Push

Embraer, the Brazilian aerospace behemoth, appears to be making...

US Space Force Picks Five Firms to Develop Protected Tactical SATCOM-Global Capability

Washington: The US Space Force has chosen five companies...

Leonardo Acquires Italian Firm Iveco Defence in a $1.94 Billion Deal

New Delhi: Italian defence giant Leonardo has acquired land...

India Has Not Been A Great Global Actor: US Treasury Secretary

New Delhi: The current tensions between the United States...

India Not Interested in US F-35 Jets, Government Committed to Self-Reliance in Defence

New Delhi: The Modi government's decisive rejection of US...

Peru Selects Elbit Systems’ PULS System, US $60 Million Deal to be Signed Soon

Tel Aviv: Advanced artillery systems are gaining big popularity...

Vice Admiral Sanjay Vatsayan Assumes Charge as 47th Vice Chief of the Naval Staff

New Delhi: Vice Admiral Sanjay Vatsayan, AVSM, NM assumed...
Indian Navy Special EditionLatest Issue