GE Shipping FY09 Consolidated PAT Slips

Great Eastern Shipping Company announced that the consolidated net profit after tax for the year ended March 31, 2009 slipped to Rs.1417.83 crore from Rs.1453.35 crore in the previous year. Total income grew to Rs.4342.88 crore from Rs.3606.48 crore in the year ago.

Standalone Results

The company posted net profit after tax of Rs.250.05 crore for the quarter ended March 31, 2009 compared to Rs.299.41 crore in the year ago quarter. Total income declined to RS.622.41 crore from Rs.824.34 crore in the same quarter last year.

The company's net profit after tax for the year ended March 31, 2009 increased to Rs.1384.82 crore from Rs.1356.81 crore in the prior year. Total income rose to Rs.3364.75 crore from Rs.3057.98 crore in the last year.

The company declared third interim dividend of Rs.3.00 per share for the financial year 2008-09. The Board has not recommended any final dividend for the year.

by RTTNews Staff Writer

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