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Aerospace & Defense
Quarterly Result31 Mar 2025, 10:37 pm

GRSE Achieves Highest Ever Annual Turnover of 4,750 Crore in FY25, Marks 110 Warship Delivery to Indian Navy

AI Summary

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has recorded a 32% YoY growth in the FY25, achieving the highest ever annual turnover of 4,750 crore (Provisional & Unaudited). The company also declared an interim dividend @ 89.5% of paid-up share capital against 79% of the previous year. GRSE, a government of India undertaking, delivered its 110th warship to the Indian Navy, the 2

Key Highlights

  • GRSE records 32% YoY growth in FY25 with the highest ever annual turnover of 4,750 crore
  • Company declared an interim dividend @ 89.5% of paid-up share capital against 79% of the previous year
  • GRSE delivered its 110th warship to the Indian Navy, the 2" Survey Vessel (Large), INS Nirdeshak
  • GRSE secured international orders and key projects, expanding its global footprint
  • Company signed strategic MoUs and launched the second edition of 'GRSE Accelerated Innovation Nurturing Scheme (GAINS) - 2024'
GRSE
Aerospace & Defense
Garden Reach Shipbuilders & Engineers Ltd

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