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Great Eastern Shipping Company Q4 Results: Net profit rises 25% YoY to Rs 905 crore

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May 10, 2024
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Great Eastern Shipping Company Q4 Results: Net profit rises 25% YoY to Rs 905 crore
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New Delhi: Great Eastern Shipping Company on Friday reported a 25.37 per cent growth in consolidated profit after tax (PAT) to Rs 905.08 crore during the March quarter. The company’s PAT stood at Rs 721.94 crore in the year-ago period, Great Eastern Shipping Company said in a regulatory filing.

Its consolidated revenues during the quarter under review also rose to Rs 1,726.25 crore from Rs 1,550.27 crore in the year-ago period, it added.

The company’s total expenses declined during the quarter to Rs 784.66 crore from Rs 853.22 crore in the year-ago period.

For the full year, net profit rose 1.52 per cent to Rs 2,614.18 crore in the year ended March 2024 as against Rs 2,575.01 crore a year earlier.

The board of directors has declared a fourth interim dividend of Rs 10.80 per share of Rs 10 each.

Tags: 25 pcboard of directorsCompanyconsolidated profit after taxcroredividendEasternexpensesGreatgreat eastern shipping companygreat eastern shipping company q4 earningsgreat eastern shipping company q4 newsgreat eastern shipping company q4 resultsgreat eastern shipping company q4fy24 newsgreat eastern shipping company q4fy24 updatenetnet profitNew DelhiprofitQ4resultsrevenuesrisesShippingYoY
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