Defence Monitor

52st

Gsl reports highest ever financial performance in fy 2017-18

Gsl reports highest ever financial performance in fy 2017-18

Goa: 52st Annual General Meeting of Goa Shipyard Limited was held on 17th September, 2018 wherein the Company adopted the Annual Accounts for FY 2017-18. The meeting was attended by members of the Board of Directors, shareholders and other senior functionaries of GSL. RAdm Mital, Chairman & Managing Director whilst addressing the members, informed that the Company revenue has moved up by 32% YoY from Rs 1102 Cr in FY 17 to Rs 1452 Cr in FY 18, while Operating Profit has moved up from Rs 131 Cr in the previous year to Rs 252 Cr, registering a growth of 92% YoY. Correspondingly,…
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