Press Coverage : Samagya, 08 Jun 24 : Shipbuilding at GRSE : Where the past and the future meet in a display of excellence

Press Coverage : Samagya, 08 Jun 24 : Shipbuilding at GRSE : Where the past and the future meet in a display of excellence

Press Coverage : Dainik Jagran, 08 Jun 24 : Shipbuilding at GRSE : Where the past and the future meet in a display of excellence

Press Coverage : Dainik Jagran, 08 Jun 24 : Shipbuilding at GRSE : Where the past and the future meet in a display of excellence

Press Coverage : The Week, 07 Jun 24 : GRSE signs USD 16.6 million contract to supply advanced dredger to Bangladesh

Press Coverage : The Week, 07 Jun 24 : GRSE signs USD 16.6 million contract to supply advanced dredger to Bangladesh

Press Coverage : Millennium Post, 07 Jun 24 : GRSE signs contract to supply advanced dredger to Bangladesh

Press Coverage : Millennium Post, 07 Jun 24 : GRSE signs contract to supply advanced dredger to Bangladesh
Press Coverage : Millennium Post, 07 Jun 24 : GRSE signs contract to supply advanced dredger to Bangladesh

Press Coverage : PSU Connect, 07 Jun 24 : GRSE Signs $16.6 Million Contract to Supply an Advanced Dredger to Bangladesh

Press Coverage : PSU Connect, 07 Jun 24 : GRSE Signs $16.6 Million Contract to Supply an Advanced Dredger to Bangladesh
Press Coverage : PSU Connect, 07 Jun 24 : GRSE Signs $16.6 Million Contract to Supply an Advanced Dredger to Bangladesh

Press Coverage : United News of India, 07 Jun 24 : GRSE achieves new export milestone in 2024

Press Coverage : United News of India, 07 Jun 24 : GRSE achieves new export milestone in 2024
Press Coverage : United News of India, 07 Jun 24 : GRSE achieves new export milestone in 2024

Press Coverage : PSU Watch, 07 Jun 24 : GRSE Signs $16.6 Million contract to supply an advanced Dredger to Bangladesh

Press Coverage : PSU Watch, 07 Jun 24 : GRSE Signs $16.6 Million contract to supply an advanced Dredger to Bangladesh
Press Coverage : PSU Watch, 07 Jun 24 : GRSE Signs $16.6 Million contract to supply an advanced Dredger to Bangladesh

PRESS RELEASE

Performance Review of Q4 & FY24

GRSE Achieves New Export Milestone in 2024: Signs $16.6 Million Contract to Supply an Advanced Dredger to Bangladesh

Kolkata, 07 Jun 2024: Garden Reach Shipbuilders & Engineers Ltd. signed a significant contract with the Bangladesh Inland Waterways Transport Authority (BIWTA), to build a Trailing Suction Hopper Dredger for Government of Bangladesh. The contract, valued at $16.6 million, was signed on 02 June 2024, in Dhaka, Bangladesh in the presence of Director (Shipbuilding), GRSE, Cdr. Shantanu Bose, IN (Retd.), representatives from BIWTA, and senior officials from both GRSE and BIWTA. This agreement marks another milestone in GRSE's ongoing commitment to fostering international cooperation and delivering high-quality maritime solutions.

Under this contract, GRSE will supply a state-of-the-art Trailing Suction Hopper Dredger (TSHD) with a hopper capacity of 1000 cubic meters. The 58.70 M long TSHD with a speed of 10 knots will feature Azimuth Thruster propulsion, ensuring superior performance and maneuverability. With its ability to operate in Sea State 2 and navigate through Sea State 4, the vessel shall guarantee resilience and adaptability in diverse marine conditions.

GRSE's consistent success in International Markets is a testament to its expertise and reliability in shipbuilding and related services. The shipyard is currently executing an order to build 06 Patrol Boats for the Sustainable Coastal and Marine Fisheries Project under the Department of Fisheries, Government of Bangladesh. The company has previously delivered various vessels to friendly foreign countries, including Mauritius, Seychelles, and Guyana, and has been a trusted exporter of prefabricated steel bridges to countries like Nepal, Bhutan, Myanmar, and Sri Lanka.

With modernized infrastructure and the adoption of advanced technologies, GRSE is well-equipped to meet the global demand for sophisticated maritime vessels and support the 'Atmanirbhar' (self-reliant) initiative by achieving high levels of indigenous content in its ships. This contract with BIWTA underscores GRSE's strategic focus on expanding its footprint in international markets and its dedication to contributing to the maritime strength and economic development of friendly nations.

GRSE Achieves New Export Milestone in 2024: Signs $16.6 Million Contract to Supply an Advanced Dredger to Bangladesh

Press Coverage : The Indian Express, 04 Jun 24 : Ahead of the Curve: GRSE-built SCG PS Zoroaster Refit for Seychelles Completed a remarkable 30 Days Ahead of Schedule

Press Coverage : The Indian Express, 04 Jun 24 : Ahead of the Curve: GRSE-built SCG PS Zoroaster Refit for Seychelles Completed a remarkable 30 Days Ahead of Schedule

Press Coverage : Bhaskar Live, 30 May 24 : Seychelles Patrol Vessel leaves for home after GRSE completes refit in record time

Press Coverage : Bhaskar Live, 30 May 24 : Seychelles Patrol Vessel leaves for home after GRSE completes refit in record time
Press Coverage : Bhaskar Live, 30 May 24 : Seychelles Patrol Vessel leaves for home after GRSE completes refit in record time

Press Coverage : Social News XYZ, 30 May 24 : Seychelles Patrol Vessel leaves for home after GRSE completes refit in record time

Press Coverage : Social News XYZ, 30 May 24 : Seychelles Patrol Vessel leaves for home after GRSE completes refit in record time
Press Coverage : Social News XYZ, 30 May 24 : Seychelles Patrol Vessel leaves for home after GRSE completes refit in record time

Press Coverage : The New Indian Express, 30 May 24 : GRSE records highest ever PAT, revenue from operations during FY24

Press Coverage : The New Indian Express, 30 May 24 : GRSE records highest ever PAT, revenue from operations during FY24

Press Coverage : The Morning Standard, 30 May 24 : GRSE records highest ever PAT, revenue from operations during FY24

Press Coverage : The Morning Standard, 30 May 24 : GRSE records highest ever PAT, revenue from operations during FY24

Press Coverage : United News of India, 29 May 24 : GRSE-built SCG PS Zoroaster refit for Seychelles completed 30 days ahead of schedule

Press Coverage : United News of India, 29 May 24 : GRSE-built SCG PS Zoroaster refit for Seychelles completed 30 days ahead of schedule
Press Coverage : United News of India, 29 May 24 : GRSE-built SCG PS Zoroaster refit for Seychelles completed 30 days ahead of schedule

Press Coverage : Aeromag Asia, 29 May 24 : GRSE-built SCG PS Zoroaster Refit for Seychelles Completed Ahead of Schedule

Press Coverage : Aeromag Asia, 29 May 24 : GRSE-built SCG PS Zoroaster Refit for Seychelles Completed Ahead of Schedule
Press Coverage : Aeromag Asia, 29 May 24 : GRSE-built SCG PS Zoroaster Refit for Seychelles Completed Ahead of Schedule

Press Coverage : News Mantra, 29 May 24 : Ahead of the Curve: GRSE-built SCG PS Zoroaster Refit for Seychelles Completed a remarkable 30 Days Ahead of Schedule

Press Coverage : News Mantra, 29 May 24 : Ahead of the Curve: GRSE-built SCG PS Zoroaster Refit for Seychelles Completed a remarkable 30 Days Ahead of Schedule
Press Coverage : News Mantra, 29 May 24 : Ahead of the Curve: GRSE-built SCG PS Zoroaster Refit for Seychelles Completed a remarkable 30 Days Ahead of Schedule

Press Coverage : PSU Watch, 29 May 24 : GRSE completes refit of Seychelles Coast Guard Ship ahead of schedule

Press Coverage : PSU Watch, 29 May 24 : GRSE completes refit of Seychelles Coast Guard Ship ahead of schedule
Press Coverage : PSU Watch, 29 May 24 : GRSE completes refit of Seychelles Coast Guard Ship ahead of schedule

Press Coverage : Indian Defence Research Wing, 29 May 24 : Garden Reach completes early refit of SCG PS Zoroaster

Press Coverage : Indian Defence Research Wing, 29 May 24 : Garden Reach completes early refit of SCG PS Zoroaster

Press Coverage : Global Defence News, 29 May 24 : India Shipyard completes refit of Seychelles Coast Guard PS Zoroaster

Press Coverage : Global Defence News, 29 May 24 : India Shipyard completes refit of Seychelles Coast Guard PS Zoroaster

Press Coverage : Raksha Anirveda, 29 May 24 : Ahead of the Curve: GRSE-built SCG PS Zoroaster Refit for Seychelles Completed a remarkable 30 Days Ahead of Schedule

Press Coverage : Raksha Anirveda, 29 May 24 : Ahead of the Curve: GRSE-built SCG PS Zoroaster Refit for Seychelles Completed a remarkable 30 Days Ahead of Schedule

PRESS RELEASE

Performance Review of Q4 & FY24

Ahead of the Curve: GRSE-built SCG PS Zoroaster Refit for Seychelles Completed a remarkable 30 Days Ahead of Schedule!

Kolkata, 29 May 2024: Demonstrating exceptional competency and commitment, Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has successfully completed the ninety-day maiden short refit of the Seychelles Coast Guard Patrol Ship Zoroaster a remarkable 30 days ahead of schedule on 24 May 2024. The SCG PS 'Zoroaster', is from the line of Fast Patrol Vessels built by GRSE and with proven performance with the Indian Coast Guard, was handed over to the Seychelles Coast Guard on 08 Apr 21. SCGS Zoroaster set sail from GRSE's Rajabagan Dockyard, Ganga Jetty on 29 May 24, returning to the fleet of the archipelagic Island Country of Seychelles under the command of Captain Lyndon Lablache.

Commencing its refit journey on 22 March 24, this ambitious project was in line with India's Vision "SAGAR" (Security And Growth for All in the Region). Undertaking such a refit for a foreign nation was a unique endeavour for GRSE, further strengthening the collaborative efforts of India and Seychelles in enhancing regional stability and security. Through meticulous planning and an advanced execution strategy, the Ship Repair team of GRSE successfully compressed the refit schedule to one month, showcasing their outstanding efficiency and commitment.

The Indian Navy's work-up team conducted a thorough post-refit inspection to ensure the highest standards of operational readiness and capabilities. The river trials of the ship's machineries were successfully completed on 24 May 2024.

The successful completion of this short refit project not only highlights GRSE's expertise but also underscores the strong camaraderie between the ship's crew and the GRSE team. This collaboration has fostered a spirit of true friendship and cooperation, leaving behind long-lasting memories and strengthening the bond between the two nations.

GRSE-built SCG PS Zoroaster Refit for Seychelles Completed a remarkable 30 Days Ahead of Schedule!

Press Coverage : The Economic Times, 23 May 24 : GRSE shares surge 20% after profit doubling Q4 profit

Press Coverage : The Economic Times, 23 May 24 : GRSE shares surge 20% after profit doubling Q4 profit

Press Coverage : MSN, 23 May 24 : GRSE stock hits record high on impressive Q4 show

Press Coverage : MSN, 23 May 24 : GRSE stock hits record high on impressive Q4 show
Press Coverage : MSN, 23 May 24 : GRSE stock hits record high on impressive Q4 show

Press Coverage : Business Standard, 23 May 24 : GRSE hits record high on strong Q4 performance

Press Coverage : Business Standard, 23 May 24 : GRSE hits record high on strong Q4 performance
Press Coverage : Business Standard, 23 May 24 : GRSE hits record high on strong Q4 performance

Press Coverage : Business Standard, 23 May 24 : Shipbuilders stock at new peak : Here is what triggered the rally

Press Coverage : Business Standard, 23 May 24 : Shipbuilders stock at new peak : Here is what triggered the rally

Press Coverage : Capital Market, 23 May 24 : GRSE hits record high on strong Q4 performance

Press Coverage : Capital Market, 23 May 24 : GRSE hits record high on strong Q4 performance

Press Coverage : NDTV Profit, 23 May 24 : Garden Reach Shipbuilders at record after Q4 profit doubles

Press Coverage : NDTV Profit, 23 May 24 : Garden Reach Shipbuilders at record after Q4 profit doubles
Press Coverage : NDTV Profit, 23 May 24 : Garden Reach Shipbuilders at record after Q4 profit doubles

Press Coverage : Raksha Anirveda, 23 May 24 : GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24

Press Coverage : Raksha Anirveda, 23 May 24 : GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24
Press Coverage : Raksha Anirveda, 23 May 24 : GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24

Press Coverage : CNBC TV18, 23 May 24 : GRSE Reports strong Q4, revenue up 69% YoY

Press Coverage : CNBC TV18, 23 May 24 : GRSE Reports strong Q4, revenue up 69% YoY

Press Coverage : PSU Watch, 23 May 24 : GRSE posts highest ever net profit of Rs 357 Crore in FY24

Press Coverage : PSU Watch, 23 May 24 : GRSE posts highest ever net profit of Rs 357 Crore in FY24

Press Coverage : Prabhat Khabar, 23 May 24 : GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24

Press Coverage : Prabhat Khabar, 23 May 24 : GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24

Press Coverage : Ei Samay, 23 May 24 : GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24

Press Coverage : Ei Samay, 23 May 24 : GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24

Press Coverage : PSU Connect, 22 May 24 : GRSE Q4 Results: Reports Highest Ever Profit of Rs 112 Cr

Press Coverage : PSU Connect, 22 May 24 : GRSE Q4 Results: Reports Highest Ever Profit of Rs 112 Cr
Press Coverage : PSU Connect, 22 May 24 : GRSE Q4 Results: Reports Highest Ever Profit of Rs 112 Cr

Press Coverage : HT Syndication, 22 May 24 : GRSE clocks Rs 1016 Crore revenue from operations in FY24

Press Coverage : HT Syndication, 22 May 24 : GRSE clocks Rs 1016 Crore revenue from operations in FY24

Press Coverage : Good Returns, 22 May 24 : Rs 1.44/Share Dividend, 910% Jump : Defence PSU Garden Reach Declares 104% YoY rise in PAT

Press Coverage : Good Returns, 22 May 24 : Rs 1.44/Share Dividend, 910% Jump : Defence PSU Garden Reach Declares 104% YoY rise in PAT
Press Coverage : Good Returns, 22 May 24 : Rs 1.44/Share Dividend, 910% Jump : Defence PSU Garden Reach Declares 104% YoY rise in PAT

Press Coverage : United News of India, 22 May 24 : GRSE clocks Rs 1016 Crore revenue from operations in FY24

Press Coverage : United News of India, 22 May 24 : GRSE clocks Rs 1016 Crore revenue from operations in FY24

PRESS RELEASE

Performance Review of Q4 & FY24

GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24

Kolkata, 22 May 2024: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country has announced its financial results for the last quarter and full year ended March 31st, 2024.

GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24

Q4 FY24 Compared with Q4 FY23:

  • Revenue from operation is Rs. 1,016 Crore in Q4 FY24 as against Rs. 601 Crore of previous year registering a growth of 69 %.
  • The Company's EBITDA stood at Rs. 166 Crore in Q4 FY24 against Rs. 90 Crore of previous year registering a growth of 84 %.
  • Profit Before Tax (PBT) stood at Rs. 153 Crore in Q4 FY24 against Rs. 76 Crore of previous year registering a growth of 101 %.
  • Profit After Tax (PAT) stood at Rs. 112 Crore in Q4 FY24 against Rs. 55 Crore of previous year registering a growth of 104 %.

Commenting on the results, Cmde Hari PR, IN (Retd) Chairman and Managing Director, Garden Reach Shipbuilders & Engineers Limited said, "Happy to report a strong set of numbers, with both our Revenue from Operations and Profit after Tax reaching new heights. Backed by a strong order book and with our ongoing projects at a maximum revenue recognition phase, and also with more orders on the anvil, we are confident of sustained growth in the coming years too. Our focus continues to be on timely execution of ongoing projects and new technology adoption with specific impetus on development of autonomous and green energy platforms."

Press Coverage : India Seatrade News, 13 May 24 : Keel Laying ceremony marks milestone in indigenous shipbuilding

Press Coverage : India Seatrade News, 13 May 24 : Keel Laying ceremony marks milestone in indigenous shipbuilding
Press Coverage : Indian Seatrade News, 13 May 24 : Keel Laying ceremony marks milestone in indigenous shipbuilding

Press Coverage : Prabhat Khabar, 11 May 24 : GRSE Lays Keel of the Last in Series (Yard 3034) of Eight ASWSWCs

Press Coverage : Prabhat Khabar, 11 May 24 : GRSE Lays Keel of the Last in Series (Yard 3034) of Eight ASWSWCs

Press Coverage : Millennium Post, 11 May 24 : GRSE Lays Keel for final ASW SWC for Indian Navy

Press Coverage : Millennium Post, 11 May 24 : GRSE Lays Keel for final ASW SWC for Indian Navy

Press Coverage : Millennium Post, 11 May 24 : GRSE Lays Keel for final ASW SWC for Indian Navy

Press Coverage : Millennium Post, 11 May 24 : GRSE Lays Keel for final ASW SWC for Indian Navy
Press Coverage : Millennium Post, 11 May 24 : GRSE Lays Keel for final ASW SWC for Indian Navy

Press Coverage : News Deck, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : News Deck, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Business Highs, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Business Highs, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Live Chronicle, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Live Chronicle, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Newsday Express, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Newsday Express, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Planet Report, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Planet Report, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Planet Report, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Planet Report, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Go Earth, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Go Earth, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : The Good, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : The Good, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : News Chronicle, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : News Chronicle, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Good Report, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Good Report, 11 May 24 : Indigenous design and construction of 8th ASW SWC ships begins in Kolkata

Press Coverage : Calcutta News, 11 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Calcutta News, 11 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Kolkata Sun, 11 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Kolkata Sun, 11 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Big News Network, 11 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Big News Network, 11 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata
Press Coverage : Big News Network, 11 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Press Information Bureau, 10 May 24 : Keel Laying of 8th ASW SWC on 10 May 24 at M/S GRSE Kolkata

Press Coverage : Press Information Bureau, 10 May 24 : Keel Laying of 8th ASW SWC on 10 May 24 at M/S GRSE Kolkata

Press Coverage : ANI, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : ANI, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata
Press Coverage : ANI, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Raksha Anirveda, 10 May 24 : GRSE Lays Keel of the Last in Series (Yard 3034) of Eight ASWSWCs

Press Coverage : Raksha Anirveda, 10 May 24 : GRSE Lays Keel of the Last in Series (Yard 3034) of Eight ASWSWCs
Press Coverage : Raksha Anirveda, 10 May 24 : GRSE Lays Keel of the Last in Series (Yard 3034) of Eight ASWSWCs
Press Coverage : Raksha Anirveda, 10 May 24 : GRSE Lays Keel of the Last in Series (Yard 3034) of Eight ASWSWCs

Press Coverage : Latestly, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Latestly, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata
Press Coverage : Latestly, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : ET Government, 10 May 24 : Keel Laying Ceremony of 8th ASW SWC held at GRSE Kolkata

Press Coverage : ET Government, 10 May 24 : Keel Laying Ceremony of 8th ASW SWC held at GRSE Kolkata
Press Coverage : ET Government, 10 May 24 : Keel Laying Ceremony of 8th ASW SWC held at GRSE Kolkata

Press Coverage : Indian Education Diary, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft scheduled on 10 May 24 at M/S GRSE Kolkata

Press Coverage : Indian Education Diary, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft scheduled on 10 May 24 at M/S GRSE Kolkata

Press Coverage : Cliq India, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Cliq India, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Indian Economic Observer, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Indian Economic Observer, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Haryana Today, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Haryana Today, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Devdiscourse, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Devdiscourse, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Daily Prabhat, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Daily Prabhat, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : Aviation & Defence Universe, 10 May 24 : Indian Navy's Keel Laying of 8th ASW SWC is done at GRSE

Press Coverage : Aviation & Defence Universe, 10 May 24 : Indian Navy's Keel Laying of 8th ASW SWC is done at GRSE

Press Coverage : The Indian Community, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

Press Coverage : The Indian Community, 10 May 24 : Keel Laying Ceremony of 8th Anti-Submarine Warfare Shallow Water Craft held in Kolkata

PRESS RELEASE

GRSE Lays Keel of the last in series (Yard 3034) of 08 ASWSWCs

Kolkata, 10 May 2024: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), Kolkata, in an impressive ceremony, at their Raja Bagan Dockyard Unit, laid the keel of the last in the series (Yard 3034) of 08 Anti-Submarine Warfare Shallow Watercrafts. The Keel Laying was performed in the august presence of Vice Admiral B Sivakumar, AVSM, VSM, Controller Warship Production and Acquisition. The occasion was graced by Cmde PR Hari, IN (Retd.), Chairman & Managing Director, GRSE, Shri RK Dash, Director (Finance), GRSE, CD Shantanu Bose, IN(Retd.), Director (Shipbuilding), GRSE, DIG Subrato Ghosh, ICG (Retd.), Director (Personnel), GRSE, Shri Abhishek Ranjan, IOFS, Chief Vigilance Officer, GRSE, along with other Senior Officers from Indian Navy & GRSE.

Yard 3034 is the eighth and the last ship in the series of eight ASWSWC being built by GRSE for the Indian Navy. These ships are 77.6 meters long and 10.5 meters wide and require a draught of only 2.7 meters. Propelled by three diesel driven water jets, these ships can attain a maximum speed of 25 knots.

The primary role of the ASWSWC is to conduct anti-submarine operations in coastal waters, Low Intensity Maritime Operations (LIMO) and mine laying operations. These ships are also capable of full-scale subsurface surveillance of coastal waters and various surface platforms and coordinated ASW operations with aircraft.

These ships may be smaller in size but will pack a lethal punch. They will carry lightweight torpedoes, ASW rockets and mines, close in weapon system (30 mm Naval Surface Gun), and 16.7 mm stabilized remote controlled guns. The ASWSWC will be fitted with hull mounted sonar and a low frequency variable depth sonar.

GRSE Lays Keel of the last in series (Yard 3034) of 08 ASWSWCs

Press Coverage : Kaleidoscope, May 2024 : GRSE Bags CII-AI Award

Press Coverage : Kaleidoscope, May 2024 : GRSE Bags CII-AI Award

Press Coverage : Indian Express, 03 May 24 : GRSE Celebrates 65th Raising Day

Press Coverage : Indian Express, 03 May 24 : GRSE Celebrates 65th Raising Day

Press Coverage : Raksha Anirveda, Annual Edition 2024 : Historic Achievement : GRSE simultaneously launches two ASW SWC Warships for Indian Navy

Press Coverage : Raksha Anirveda, Annual Edition 2024 : Historic Achievement : GRSE simultaneously launches two ASW SWC Warships for Indian Navy

Press Coverage : Hindustan, 22 Apr 24 : GRSE Celebrates 65th Raising Day

Press Coverage : Hindustan, 22 Apr 24 : GRSE Celebrates 65th Raising Day

Press Coverage : Aviation & Defence Universe, 22 Apr 24 : Garden Reach Shipbuilders & Engineers Ltd. turn 65 on an optimistic note with elan

Press Coverage : Aviation & Defence Universe, 22 Apr 24 : Garden Reach Shipbuilders & Engineers Ltd. turn 65 on an optimistic note with elan

Press Coverage : PSU Connect, 22 Apr 24 : GRSE Celebrates 65th Raising Day

Press Coverage : PSU Connect, 22 Apr 24 : GRSE Celebrates 65th Raising Day

Press Coverage : Raksha Anirveda, 22 Apr 24 : GRSE Celebrates 65th Raising Day

Press Coverage : Raksha Anirveda, 22 Apr 24 : GRSE Celebrates 65th Raising Day
Press Coverage : Raksha Anirveda, 22 Apr 24 : GRSE Celebrates 65th Raising Day

Press Coverage : Aajkal, 22 Apr 24 : GRSE celebrates 65th Raising Day

Press Coverage : Aajkal, 22 Apr 24 : GRSE celebrates 65th Raising Day

PRESS RELEASE

GRSE CELEBRATES 65TH RAISING DAY

Kolkata, 22 Apr 2024: Garden Reach Shipbuilders & Engineers Ltd. (GRSE) celebrated its 65th Raising Day, with fervour and excitement.The event witnessed enthusiastic participation from employees across all departments of GRSE, in the presence of Cmde PR Hari, IN (Retd.), Chairman & Managing Director, GRSE, Shri RK Dash, Director (Finance), GRSE, Cdr Shantanu Bose, IN(Retd.), Director (Shipbuilding), DIG Subrato Ghosh, ICG(Retd.), Director (Personnel), GRSE, Shri Abhishek Ranjan, IOFS, CVO, GRSE, and other senior officials of GRSE.

During the event, Cmde PR Hari, CMD, GRSE, unveiled 'GRSE Varta 2024', the annual in-house journal of the shipyard. Merit awards were presented to employees' children, and employees were recognized for their outstanding performance across various categories. Cultural activities performed by employees added to the festive atmosphere of the occasion.

GRSE CELEBRATES 65TH RAISING DAY

Press Coverage : Anandabazar Patrika, 14 Apr 24 : GRSE Turnover Touches a New High: Records YoY growth of 33% in the Annual Turnover for FY24

Press Coverage : Anandabazar Patrika, 14 Apr 24 : GRSE Turnover Touches a New High:  Records YoY growth of 33% in the Annual Turnover for FY24

Press Coverage : Shilpa Bichitra : Annual Edition 2024 : GRSES Voyage of Innovation and New Technology Adaption

Press Coverage : Shilpa Bichitra : Annual Edition 2024 : GRSES Voyage of Innovation and New Technology Adaption
Press Coverage : Shilpa Bichitra : Annual Edition 2024 : GRSES Voyage of Innovation and New Technology Adaption

Press Coverage : Aeromag, Mar 24 : GRSEs Revenue Profit Witness a Surge

Press Coverage : Aeromag, Mar 24 : GRSEs Revenue Profit Witness a Surge

Press Coverage : Aeromag, Mar 24 : GRSE Pays Interim Dividend of Rs 90.73 Cr

Press Coverage : Aeromag, Mar 24 : GRSE Pays Interim Dividend of Rs 90.73 Cr

Press Coverage : The Financial Express, 04 Apr 24 : GRSE turnover touches a new high : Records YoY growth of 33% in annual turnover for FY24

Press Coverage : The Financial Express, 04 Apr 24 : GRSE turnover touches a new high : Records YoY growth of 33% in annual turnover for FY24

Press Coverage : The Indian Express, 04 Apr 24 : GRSE turnover touches a new high : Records YoY growth of 33% in annual turnover for FY24

Press Coverage : The Indian Express, 04 Apr 24 : GRSE turnover touches a new high : Records YoY growth of 33% in annual turnover for FY24

Press Coverage : The Morning Standard, 04 Apr 24 : GAINS 2023-Funding award ceremony held at GRSE Bhavan

Press Coverage : The Morning Standard, 04 Apr 24 : GAINS 2023-Funding award ceremony held at GRSE Bhavan

Press Coverage : The New Indian Express, 04 Apr 24 : GAINS 2023-Funding award ceremony held at GRSE Bhavan

Press Coverage : The New Indian Express, 04 Apr 24 : GAINS 2023-Funding award ceremony held at GRSE Bhavan

Press Coverage : Aajkal, 04 Apr 24 : Record of Garden Reach

Press Coverage : Aajkal, 04 Apr 24 : Record of Garden Reach

Press Coverage : Prabhat Khabar, 02 Apr 24 : Record growth in annual turnover of GRSE

Press Coverage : Prabhat Khabar, 02 Apr 24 : Record growth in annual turnover of GRSE

Press Coverage : The Times of India, 02 Apr 24 : GRSE posts record Rs 3.4k Cr turnover

Press Coverage : The Times of India, 02 Apr 24 : GRSE posts record Rs 3.4k Cr turnover

Press Coverage : PSU Watch, 02 Apr 24 : GRSE registers a massive 33 percent growth in FY24 turnover

Press Coverage : PSU Watch, 02 Apr 24 : GRSE registers a massive 33 percent growth in FY24 turnover
Press Coverage : PSU Watch, 02 Apr 24 : GRSE registers a massive 33 percent growth in FY24 turnover

Press Coverage : PSU Connect, 01 Apr 24 : GRSE Turnover Touches New High : Records 33% Growth

Press Coverage : PSU Connect, 01 Apr 24 : GRSE Turnover Touches New High : Records 33% Growth

Press Coverage : XM, 01 Apr 24 : Garden Reach Shipbuilders & Engineers annual turnover rises up to 33%

Press Coverage : XM, 01 Apr 24 : Garden Reach Shipbuilders & Engineers annual turnover rises up to 33%

Press Coverage : Trading View, 01 Apr 24 : Garden Reach Shipbuilders & Engineers annual turnover rises up to 33%

Press Coverage : Trading View, 01 Apr 24 : Garden Reach Shipbuilders & Engineers annual turnover rises up to 33%

Press Coverage : Trade Brains, 01 Apr 24 : Defence stocks jumps 7% after it reports 33% growth in annual turnover for FY24

Press Coverage : Trade Brains, 01 Apr 24 : Defence stocks jumps 7% after it reports 33% growth in annual turnover for FY24
Press Coverage : Trade Brains, 01 Apr 24 : Defence stocks jumps 7% after it reports 33% growth in annual turnover for FY24

Press Coverage : Business Upturn, 01 Apr 24 : Garden Reach Shipbuilders FY 24 turnover grows 33% YoY to Rs 3400 Crore

Press Coverage : Business Upturn, 01 Apr 24 : Garden Reach Shipbuilders FY 24 turnover grows 33% YoY to Rs 3400 Crore
Press Coverage : Business Upturn, 01 Apr 24 : Garden Reach Shipbuilders FY 24 turnover grows 33% YoY to Rs 3400 Crore

Press Coverage : Jansatta, 01 Apr 24 : GRSE records business of 3400 Cr in FY24

Press Coverage : Jansatta, 01 Apr 24 : GRSE records business of 3400 Cr in  FY24

Press Coverage : Echo of India, 01 Apr 24 : GRSE turnover records YoY-growth of 33% in the Annual Trunover for FY24

Press Coverage : Echo of India, 01 Apr 24 : GRSE turnover records YoY-growth of 33% in the Annual Trunover for FY24