Great Eastern Shipping Company consolidated net profit declines 57.51% in the March 2016 quarter

Sales decline 0.76% to Rs 869.56 crore

Net profit of Great Eastern Shipping Company declined 57.51% to Rs 58.20 crore in the quarter ended March 2016 as against Rs 136.97 crore during the previous quarter ended March 2015. Sales declined 0.76% to Rs 869.56 crore in the quarter ended March 2016 as against Rs 876.22 crore during the previous quarter ended March 2015.

For the full year,net profit rose 38.91% to Rs 1039.40 crore in the year ended March 2016 as against Rs 748.24 crore during the previous year ended March 2015. Sales rose 10.77% to Rs 3774.84 crore in the year ended March 2016 as against Rs 3407.97 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales869.56876.22 -1 3774.843407.97 11 OPM %28.4244.71 -48.6042.06 - PBDT268.23334.87 -20 1814.241388.77 31 PBT89.68178.60 -50 1139.61774.36 47 NP58.20136.97 -58 1039.40748.24 39

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