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Great Eastern Shipping Company standalone net profit declines 22.62% in the September 2016 quarter

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Capital Market

Sales decline 22.61% to Rs 412.52 crore

Net profit of Great Eastern Shipping Company declined 22.62% to Rs 170.53 crore in the quarter ended September 2016 as against Rs 220.38 crore during the previous quarter ended September 2015. Sales declined 22.61% to Rs 412.52 crore in the quarter ended September 2016 as against Rs 533.04 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales412.52533.04 -23 OPM %42.2852.25 -PBDT268.75285.84 -6 PBT175.91216.20 -19 NP170.53220.38 -23

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First Published: Nov 11 2016 | 4:27 PM IST

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