GSL (India) Ltd. News and Updates

Keep track of all breaking news on GSL (India) Ltd. from all sources in a single place.

28 Oct 2024

GSL launches two indigenous fast patrol vessels for the Indian Coast Guard

Business Standard

The Goa Shipyard Limited (GSL) on Monday launched two indigenous fast patrol vessels built for the Indian Coast Guard for protecting offshore assets, island territories and conducting surveillance operations. The vessels - Adamya and Akshar - were launched ceremoniously by Indian Coast Guard Director General (DG) Paramesh Sivamani's wife Priya Paramesh, amid chants of verses from the Atharva Veda. These state-of-the-art FPVs are designed in-house by GSL to meet the Coast Guard's specific operational needs, a release said. With a length of 52 metres, breadth of 8 metres, and displacement of 320 tonnes, these vessels are optimised for protecting offshore assets, island territories, and conducting surveillance operations, it said. The GSL is constructing a fleet of eight fast patrol vessels (FPVs) for the Indian Coast Guard, underscoring the shipyard's pivotal role in realising the vision of 'Atmanirbhar Bharat' in defence production. Addressing the gathering, DG Paramesh Sivamani la

GSL (India) Ltd.

25 Sep 2024

Goa Shipyard logs record revenue of Rs 1,753 cr from operations in FY24

Business Standard

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

GSL (India) Ltd.

04 May 2024

Production of next-gen offshore patrol vessel begins at Goa Shipyard

Business Line

The contract for 11 NGOPV, signed with GSL and MDL under the Buy (Indian-IDDM) category in March 2023, is worth 1,614.89 crore

GSL (India) Ltd.

29 Aug 2023

GSL and Kenya Shipyard Ltd sign MoU for collaboration in shipbuilding

Business Line

Though MoU was signed between Goa Shipyard and Kenya Shipyard to promote military industry cooperation

GSL (India) Ltd.

26 Jul 2023

GSL and BITS Goa sign MoU to use AI in shipbuilding

Business Line

MoU signed to collaborate on R&D projects to create advanced AI algorithms, predictive maintenance models and autonomous systems

GSL (India) Ltd.

01 Jun 2023

GSL Securities Standalone March 2023 Net Sales at Rs 0.08 crore, down 23.06% Y-o-Y

Moneycontrol

GSL (India) Ltd.

21 Nov 2022

Coast Guards to get 2 vessels from GSL for effective pollution monitoring and response

Business Line

These vessels designed for the first time in India, will also have a significant indigenous content

GSL (India) Ltd.

28 Mar 2022

Govt seals contract with Goa Shipyard Limited for 8 patrol vessels

Moneycontrol

The ministry said the vessels will be indigenously designed, developed and manufactured by the GSL and the project would boost the domestic shipbuilding capability and increase employment opportunities in the sector.

GSL (India) Ltd.

15 May 2020

3 coast guard vessels unveiled in Goa

Economic Times

3 coast guard vessels unveiled in GoaAn ICG spokesman said the ship 'Sachet', the first in the series of five offshore patrol vessels (OPVs), has been designed and built indigenously by Goa Shipyard Ltd (GSL) and is fitted with state-of-the-art navigation and communication equipment, sensor and machinery.

GSL (India) Ltd.

12 Nov 2018

Broker's call

Business Line

Dalmia SecuritiesGlobus Spirits (Buy)CMP: 158.70Target: 199Globus Spirits Ltd (GSL) is engaged in manufacturing, marketing and sale of Indian made I

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