PSUs

GRSE registers 53 percent growth in turnover in FY 22

By IndianMandarins- 03 Apr 2022
1367

grse-registers-53-percent-growth-in-turnover-in-fy-22

Kolkata (03.04.2022): Garden Reach Shipbuilders & Engineers Ltd (GRSE) has registered 53 per cent growth in turnover at Rs 1750 crore on a provisional and unaudited basis for FY-22.
GRSE has declared an interim dividend of Rs 4.95 per equity share of Rs 10 for FY -22 against Rs 3.85 in FY - 21, reflecting an increase of 29 per cent.   
Despite being a labour intensive industry, the company effectively managed the challenges posed by the Covid-19 pandemic and progressed operations, continuously improving internal efficiencies. The country’s leading warship builders, GRSE, is also a zero-debt company and continues to retain the highest credit rating from Brickwork, the company said in a press statement.

free stat counter