GE Shipping Q3 net up 77%

Written by Agencies | Mumbai, January 29: | Updated: Jan 29 2008, 20:45pm hrs
Great Eastern Shipping Company Ltd on Tuesday posted 77 per cent rise in its net profit at Rs 293.57 crore for the quarter ended December 31, 2007, from Rs 165.85 crore in the corresponding period a year ago .

Total income of the company rose 43.17 per cent to Rs 744.28 crore for the third quarter of the current fiscal, from Rs 519.85 crore in the year-ago period, GE Shipping informed the Bombay Stock Exchange.

At a meeting held on Tuesday, the companys board of directors has also declared an interim dividend of Rs 3.50 per share to the equity shareholders of the firm, GE Shipping said.