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

Lebanese Government Urges France for Urgent Arms Deliveries to Regain Control

Tel Aviv: The Lebanese government is trying to gain...

The New Defence Race Isn’t Just About Weapons, It’s About Engineering Speed: Managing Director, KDAIL

New Delhi: Geopolitical tensions and conflicts across parts of...

Orbit Communication Systems Unveils Multi – Platform SATCOM Terminal – MPT40

Tel Aviv: Israeli company Orbit Communication Systems has unveiled...

The Gulf Region: Big Market Opportunity Awaits for Indian Anti-Drone Companies

The drone attacks by Iran on neighbouring Gulf countries...

United States Plans Research Centre to Boost Explosives Production

Washington: As conflicts around the world deplete stockpiles and...

AerCap Orders 100 Additional Airbus A320neo Family Aircraft

Toulouse, France. AerCap Holdings N.V. (“AerCap”) has signed a...
Indian Navy Special Edition 2025spot_img