GE Shipping reports Profit after tax of Rs 992.60 Mln, in the June 2021 quarter

The Sales for the quarter ended June 2021 of Rs. 6269.40 million declined by -30.76% from Rs. 9054.70 millions.The company suffered a huge decline of -78.67% to Rs. 992.60  millions from Rs. 4652.70 millions  of corresponding previous quarter.A decline of 2921.70 millions was observed in the OP in the quarter ended June 2021 from 6557.30 millions on QoQ basis.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202106	202006	% Var	202106	202006	% Var	202103	202003	% Var
Sales	6269.40	9054.70	-30.76	6269.40	9054.70	-30.76	26741.20	28707.60	-6.85
Other Income	824.60	516.20	59.74	824.60	516.20	59.74	2187.30	2981.40	-26.64
PBIDT	2921.70	6557.30	-55.44	2921.70	6557.30	-55.44	17318.30	11137.90	55.49
Interest	741.20	610.90	21.33	741.20	610.90	21.33	2273.10	3175.20	-28.41
PBDT	2180.50	5946.40	-63.33	2180.50	5946.40	-63.33	15045.20	7962.70	88.95
Depreciation	1150.50	1159.60	-0.78	1150.50	1159.60	-0.78	4386.50	4767.40	-7.99
PBT	1030.00	4786.80	-78.48	1030.00	4786.80	-78.48	10658.70	3195.30	233.57
TAX	37.40	134.10	-72.11	37.40	134.10	-72.11	357.40	388.40	-7.98
Deferred Tax	-52.60	84.10	-162.54	-52.60	84.10	-162.54	107.40	128.40	-16.36
PAT	992.60	4652.70	-78.67	992.60	4652.70	-78.67	10301.30	2806.90	267.00
Equity	1469.70	1469.70	0.00	1469.70	1469.70	0.00	1469.70	1469.70	0.00
PBIDTM(%)	46.60	72.42	-35.65	46.60	72.42	-35.65	64.76	38.80	66.92