Great Eastern Shipping Company standalone net profit rises 83.29% in the March 2016 quarter

Sales decline 1.04% to Rs 454.08 crore

Net profit of Great Eastern Shipping Company rose 83.29% to Rs 96.17 crore in the quarter ended March 2016 as against Rs 52.47 crore during the previous quarter ended March 2015. Sales declined 1.04% to Rs 454.08 crore in the quarter ended March 2016 as against Rs 458.83 crore during the previous quarter ended March 2015.

For the full year,net profit rose 92.22% to Rs 609.90 crore in the year ended March 2016 as against Rs 317.30 crore during the previous year ended March 2015. Sales rose 14.02% to Rs 1947.85 crore in the year ended March 2016 as against Rs 1708.32 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales454.08458.83 -1 1947.851708.32 14 OPM %33.1748.10 -43.5133.17 - PBDT204.46163.84 25 972.16654.53 49 PBT114.1585.15 34 644.67331.10 95 NP96.1752.47 83 609.90317.30 92

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