optimising costs, and securing long

its Profit Before Tax (PBT) breached the ₹100 crore mark for the first time, reaching ₹173 crore, while turnover climbed from ₹478 crore in FY21 to ₹1,413 crore in FY24. This dramatic turnaround is credited to rigorous financial restructuring, technological investments, and an aggressive business strategy under Indian naval veteran Commodore Hemant Khatri (Retd.), Chairman and Managing Director of HSL. The shipyard has reoriented its approach by modernising infrastructure, optimising costs, and securing long-term high-value contracts. Notably, HSL successfully delivered India’s first Ocean Surveillance Ship (OSS), INS Dhruv, and launched two Diving Support Vessels (DSVs) with 80% indigenous content—a first for the shipyard. These projects highlight HSL’s rising prominence in the strategic naval shipbuilding domain. สล็อต