Kolkata: Garden Reach Shipbuilders & Engineers Ltd (GRSE) has recorded the highest turnover in its history in FY 2025-26, amounting to Rs 6,400 crore. Last year, the turnover was Rs 5,076 crore.
The shipyard has also declared an interim dividend at 129% of paid-up share capital against 89.5% last year.
The year saw key milestones in shipbuilding, with the commissioning of five vessels during the year, including INS Himgiri, the first Project 17A Advanced Frigate, INS Ikshak, the third Survey Vessel (Large) and the first three Anti-Submarine Warfare Shallow Water Crafts (ASW-SWC) — INS Arnala, INS Androth and INS Anjadip, the company said. "Marking a significant year in execution and delivery, GRSE delivered eight vessels to the Indian Navy," it said.