Great Eastern Shipping Company standalone net profit rises 110.16% in the March 2017 quarter

Sales rise 5.89% to Rs 460.62 crore

Net profit of Great Eastern Shipping Company rose 110.16% to Rs 155.33 crore in the quarter ended March 2017 as against Rs 73.91 crore during the previous quarter ended March 2016. Sales rose 5.89% to Rs 460.62 crore in the quarter ended March 2017 as against Rs 434.99 crore during the previous quarter ended March 2016.

For the full year,net profit declined 2.73% to Rs 601.39 crore in the year ended March 2017 as against Rs 618.28 crore during the previous year ended March 2016. Sales declined 14.29% to Rs 1663.45 crore in the year ended March 2017 as against Rs 1940.85 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales460.62434.99 6 1663.451940.85 -14 OPM %43.0545.97 -44.4450.00 - PBDT276.78174.44 59 976.41925.63 5 PBT173.2491.89 89 602.81637.98 -6 NP155.3373.91 110 601.39618.28 -3

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