Goa Shipyard Limited
Goa Shipyard logs record revenue of Rs 1,753 cr from operations in FY24
Goa Shipyard Ltd (GSL) has achieved the highest-ever revenue from operation of Rs 1,753 crore in FY24, a top company official said on Wednesday. Addressing the 58th annual general meeting of GSL, Chairman and Managing Director Brajesh Kumar Upadhyay said the company has achieved a remarkable growth and significantly outperformed its past achievements on all financial parameters. He said the company achieved 100 per cent growth in gross revenue, surpassing the Rs 2,000 crore mark for the first time during the fiscal. The CMD said the company has achieved record revenue from operations of Rs 1,753 crore, representing 102 per cent growth year-on-year. Profit before tax was 78 per cent higher at Rs 365 crore. Profit after tax stood at Rs 271 crore compared to Rs 155 crore last year. He stated that the order book stood at Rs 18,562 crore as on Mar 31, 2024, giving stable revenue visibility for the coming years. Upadhyay said the earnings per share jumped 76 per cent from Rs 13.28 to Rs
 "Goa Shipyard logs record revenue of Rs 1,753 cr from operations in FY24")
Bharat Electronics bags orders worth Rs 2,673 crore from two firms
Bharat Electronics Ltd (BEL) on Friday said it has received orders worth Rs 2,673 crore from Goa Shipyard Ltd and Garden Reach Shipbuilders & Engineers Ltd. The company in a BSE filing said this will have participation of electronics and associated industries including MSMEs, which are sub vendors of BEL. The equipment manufactured by BEL are part of Aatmanirbhar Bharat' programme, the filing added. "BEL received orders worth Rs 2,673 crore from Goa Shipyard Limited (Rs 1,701 crore) and Garden Reach Shipbuilders & Engineers ( Rs 972 crore) for supply of 14 types of sensors for use on Next Generation Offshore Patrol Vessels (NGOPV)," it said. The company has also received additional orders worth Rs 86.15 crore since the last disclosure on December 15, 2023 and the orders pertain to miscellaneous spares and services. With this, BEL has bagged cumulative orders worth Rs 25,935.15 crore in the current financial year, the company added.
 "Bharat Electronics bags orders worth Rs 2,673 crore from two firms")
BEL bags Rs 2,673 crore order from Goa Shipyard, Garden Reach Shipbuilders
Bharat Electronics Limited (BEL) has bagged cumulative orders of worth Rs 25,935.15 crore till now in the current financial year, said the company
 "BEL bags Rs 2,673 crore order from Goa Shipyard, Garden Reach Shipbuilders")
With policy ammunition, defence stocks continue to yield strong returns
Most sector PSUs ended FY23 with strong order books
 "With policy ammunition, defence stocks continue to yield strong returns")
Marine Electricals rallies 5% after it bags order from Goa Shipyard
The company will supply shaft generators, main switch boards, distribution boards, and associated systems with OBS for PCV Project from Goa Shipyard
 "Marine Electricals rallies 5% after it bags order from Goa Shipyard")
Sentinels of the seas: India is making offshore patrol vessels war-ready
Current generation of Coast Guard vessels, likely to be in service for several decades, remains under-armed
 "Sentinels of the seas: India is making offshore patrol vessels war-ready")
Offshore Patrol Vessels: L&T builds faster, cheaper than Goa Shipyard
Since PM Narendra Modi inaugurated GSL's indigenous shipbuilding project in November 2016, the shipyard has handed over two OPVs to the ICG and launched the other three
 "Offshore Patrol Vessels: L&T builds faster, cheaper than Goa Shipyard")
Goa Shipyard to go public next year; eyes Rs 50-bn revenue in 5 years: CMD
The value of production increased to Rs 13.71 billion in 2017-18 from Rs 5 billion in 2013-14
 "Goa Shipyard to go public next year; eyes Rs 50-bn revenue in 5 years: CMD")
