Shipping major Great Eastern Shipping Company today said its consolidated net profit declined by 81.95 per cent to Rs 106.47 crore for the second quarter ended September 30, against same period last year.
Total income declined to Rs 716.50 crore in the latest quarter ended September 30, against Rs 1,152.56 crore in the same period previous fiscal, Great Eastern Shipping Company said in a filing to the Bombay Stock Exchange (BSE).
On standalone basis, the company reported a net profit of Rs 96.77 crore in the latest quarter ended September 30, as against Rs 506.15 crore in the same period corresponding year.
Shares of the company were today trading at Rs 247.45 on the BSE, down 2.14 per cent from its previous close.
