Great Eastern Shipping reported a 20 per cent fall in net profit at Rs. 66.84 crore for the quarter ended March 2014, mainly due to a hike in fuel prices.
The company had posted a net profit of Rs. 83.73 crore in the corresponding period a year ago, it said in a stock exchange filing.
Total income from operations stood at Rs. 798.77 crore for the review period as against Rs. 775.28 crore in the same period last fiscal year.
The expense on fuel, oil and water during the quarter was Rs. 105.19 crore as against Rs. 82.60 crore in the previous fiscal year (2012-13).
Great Eastern Shipping's net profit for fiscal 2013-14 stood at Rs.537.76 crore, against Rs. 573.95 crore in FY13.
The company had posted a net profit of Rs. 83.73 crore in the corresponding period a year ago, it said in a stock exchange filing.
Total income from operations stood at Rs. 798.77 crore for the review period as against Rs. 775.28 crore in the same period last fiscal year.
The expense on fuel, oil and water during the quarter was Rs. 105.19 crore as against Rs. 82.60 crore in the previous fiscal year (2012-13).
Great Eastern Shipping's net profit for fiscal 2013-14 stood at Rs.537.76 crore, against Rs. 573.95 crore in FY13.