Visakhpatnam, Oct. 15 -- Hindustan Shipyard Limited (HSL) attained the prestigious Mini Ratna status today.
This historic milestone marks a defining moment in HSL's journey of financial revival, operational excellence and growing contribution to India's Maritime and Defence sectors, the company said in a release.
Established in 1941, HSL has been a cornerstone of India's shipbuilding capability, supporting the Nation's Naval and Commercial fleets.
HSL has posted net profit consistently over the last nine years from FY 2015-16 to FY 2024-25, except FY 2020-21 due to COVID-19-related production losses and supply chain disruptions. This performance highlights the resilience, commitment, and capability of HSL's workforce.
HSL CMD Cmde Girid...