Latest News | Great Eastern Shipping Company Net Profit Rises 25 Pc to Rs 905 Cr in Q4

New Delhi, May 10 (PTI) 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.

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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.

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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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)