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Business News/ Companies / Great Eastern Shipping net falls 47%
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Great Eastern Shipping net falls 47%

Company posts net profit of `101.50 crore, revenue down 10% to `792.99 crore

Great Eastern Shipping announced an interim dividend of `4 per equity share for the fiscal year 2013-14.Premium
Great Eastern Shipping announced an interim dividend of `4 per equity share for the fiscal year 2013-14.

Bangalore: Great Eastern Shipping Co. Ltd, India’s biggest private ocean carrier, reported a 47% fall in its net profit to 101.50 crore for the three months ended 31 December, from 191.84 crore a year earlier.

The Mumbai-based firm, which runs a fleet of 54 ships, said its revenue declined 10% to 792.99 crore in the September-December quarter from 881.55 crore a year ago, it said in a statement.

Great Eastern Shipping announced an interim dividend of 4 per equity share for the fiscal year 2013-14.

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Published: 06 Feb 2014, 05:18 PM IST
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