Companies

Great Eastern Shipping Q4 net profit at ₹49 crore

Our Bureau Mumbai | Updated on May 08, 2021

The board has recommended a final dividend of Rs 9 per share for FY21

The firm’s revenue for the full year declined to ₹3,336.55 crore from ₹3,686.73 crore in FY20

The Great Eastern Shipping Co Ltd, India’s biggest ocean carrier, reported a consolidated net profit of ₹49.01 crore during the January-March quarter from a loss of ₹50.68 crore a year earlier.

The Mumbai-based firm said its revenue from operations declined to ₹739.95 crore during the fourth quarter of FY21 from ₹1,009.25 crore a year ago.

For the full year, the company reported a net profit of ₹918.52 crore from ₹207.14 crore in FY20.

The firm’s revenue for the full year declined to ₹3,336.55 crore from ₹3,686.73 crore in FY20.

The board of the company has recommended a final dividend of ₹9 per share for FY21, the company said in a statement.

Published on May 08, 2021

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