GE Shipping reports two-fold jump in Q3 consolidated net profit

08 Feb 2013

Great Eastern Shipping Company (GE Shipping) has reported results for third quarter ended December 31, 2012.

The company has reported over two and a half fold jump in its net profit at Rs 75.13 crore for the quarter as compared to Rs 28.71 crore for the same quarter in the previous year. Total income from operation of the company has increased by 11.44% at Rs 465.52 crore for quarter under review as compared to Rs 417.75 crore for the quarter ended December 31, 2011.

The company, on consolidated basis, posted growth of over two-fold in its net profit at Rs 191.64 crore for the quarter as compared to Rs 87.46 crore for the same quarter in the previous year. Total income from operation of the company increased marginally by 0.38% at Rs 759.05 crore for quarter under review as compared to Rs 756.17 crore for the quarter ended December 31, 2011.

Related The Great Eastern Shipping Company Ltd. Links:

GE Shipping Share Price

307.50 -4.55 (-1.46%) Mar 01, 18:43
1 Year Price Chart
Peers
Company Name CMP
Shipping Corpn. 103.70
GE Shipping 307.50
Dredging Corp 414.30
Shreyas Shipping 82.50
Essar Shipping 8.96
View more..
Sensex vs GE Shipping
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback