Swan Defence and Heavy Industries Limited
Incorporated in 1997, Reliance Naval and Engineering Ltd is engaged in the construction of vessels, repairs and refits of ships and rigs and heavy engineering
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Consolidated financial results for Reliance Naval and Engineering Limited highlight a challenging period for the company. For the quarter ended March 31, 2024, revenue from operations reached ₹316 crore, while total income amounted to ₹336 crore. However, the company incurred a significant loss before tax of ₹3,885 crore, resulting in...
Total revenue for the quarter ended March 31, 2024, amounted to ₹316 crore, representing a significant shift from previous periods. This upswing is likely attributed to increased demand and the commencement of new projects, including the repair orders expected to start in late 2024. The company's net loss for the...