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

Merlinhawk Composites Inaugurates Advanced Composites Facility at Shoolagiri in Tamil Nadu Defence Corridor

Bengaluru: Merlinhawk Aerospace Pvt. Ltd., in partnership with Italy-based Vega...

Tech Drove Down Mishandled Bag Rates by 23% in 2025, But Mishandling Still Costs the Industry $6.3 Billion a Year

Mumbai. In 2025, the industry made its strongest progress outside...

Iron Dome Receives Additional Upgrade: Israel MOD and Rafael Successfully Complete Comprehensive Test Series

Tel Aviv: The Israel Missile Defence Organisation (IMDO) at the...

Short of Ships, US Army Seeks to Increase Autonomous Watercraft Numbers in its Fleet

Washington: As the US Army contends with a shortage...

The Pentagon’s Research Infrastructure is ‘Deteriorating’, Warns DoD Report

Washington: The research infrastructure that underpins America’s prowess in...

TKIL Industries Signs MoU with CME, Pune for Installation of Green Hydrogen Microgrid System with Fuel Cell

Pune: TKIL Industries Pvt. Ltd., has entered into a Memorandum...
Indian Navy Special Edition 2025spot_img