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

BonV Aero Brings Combat-Proven Hard-Kill Counter-Drone System to India

New Delhi: Indian unmanned systems company BonV Aero has entered...

Finnair Selects Embraer E195‑E2, Ordering Up to 46 Aircraft

São José dos Campos, Brazil. Embraer and Finnair have...

Tryfacta, Inc. Expands Federal and Defence Footprint with Over $62 Million in DHA MQS2-NG

Pleasanton, CA. Tryfacta, Inc., a leading provider of federal consulting,...

Kharg Island and Strait of Hormuz: Will They Change Hands?

“….. I told them openly ….  I'll knock the...

Rotron Accelerates UK and Allied Defence Capability Following Completion of Acquisition by Ondas

London, UK. Rotron Aerospace Ltd. (‘Rotron’), a UK-based advanced defence...

The New Pragmatist

India's approach has traditionally focused on strategic caution and...
Indian Navy Special Edition 2025spot_img