Financial
GRSE Turnover Touches a New High: Records 33 % Growth
The robust financial performance has been achieved by the company through effective management of resources and improved internal efficiencies.
![GRSE Turnover Touches a New High: Records 33 % Growth](https://www.psuconnect.in/sdsdsd/GRSE_Turnover_Touches_a_New_High.jpg)
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 `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.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoY
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”.
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