Defence PSU GRSE FY25 revenue surges 48% to Rs 527 crore

Defence PSU Backyard Attain Shipbuilders and Engineers (GRSE) Ltd has recorded a revenue after tax (PAT) of Rs 527 crore in 2024-25, registering a development of 48 per cent over Rs 357 crore of web revenue within the earlier fiscal, an official stated on Tuesday. The corporate posted a 39 per cent development in complete earnings in FY’25, as in comparison with the earlier monetary 12 months.

The overall earnings of the Kolkata-based warshipbuilder for 2024-25 stood at Rs 5,411 crore as towards Rs 3,892 crore in 2023-24, the GRSE official stated in a press release.

The earnings per share (EPS) for 2024-25 stood at Rs 46.04, towards Rs 31.19 in 2023-24, he stated.

GRSE declared a complete dividend on the charge of 138.5 per cent of paid-up share capital towards 93.6 per cent within the earlier 12 months, he stated.

Commenting on the outcomes, GRSE chairman and managing director Commodore P R Hari (Retd) stated, “With our sturdy order e book, manufacturing maturity of the continuing initiatives and order visibility together with within the industrial shipbuilding section, I’m assured of even higher efficiency throughout the present monetary 12 months.”