Great Eastern Shipping Company (GE Shipping) has reported results for second quarter ended September 30, 2014.
The company has posted a rise of 73.51% in its net profit after tax at Rs 108.15 crore for the quarter ended September 30, 2014 as compared to Rs 62.33 crore for the same quarter in the previous year. Total income has increased by 29.12% at Rs 548.77 crore for quarter under review as compared to Rs 425.02 crore for the quarter ended September 30, 2013.
On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 28.64% growth at Rs 206.64 crore against Rs 160.63 crore in the September quarter of previous fiscal. The company’s total income has increased by 14.44% at Rs 960.36 crore for the quarter from Rs 839.17 crore in the similar quarter of previous year.
