Visakhapatnam: The Hindustan Shipyard Limited (HSL) launched patrol vessel Rani Rashmoni for the Coast Guard, the fifth and last in the series.
However Union Minister of State for Defence M.M. Pallamraju said the HSL had performed worthily after the Defence Ministry acquired it.
All efforts would be made to give more orders to the shipyard, bu t the productivity should be improved.
HSL chairman and managing director Rear Admiral K.C. Sekhar said the HSL had so far launched 118 vessels from its slipways, including Rani Rashmoni, and constructed 164 vessels of various types, including 11 well-head platforms.
Its turnover last year was Rs.662 crore and the profit after tax Rs.56 crore, which enabled it to start the new fiscal with a clean slate.