Millennium Post

GE Shipping Q3 net jumps over 3-fold to `299 cr

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NEW DELHI: India's largest private shipping company Great Eastern Shipping Monday reported over three-fold increase in consolidat­ed net profit at Rs 298.63 crore for the quarter ended December 31, 2018. The company had clocked Rs 98.19 crore profit in the correspond­ing quarter of 2017-18.

Total income went up by 24.80 per cent to Rs 1,044.18 crore during the quarter under review compared with Rs 836.67 crore in the year-ago period.

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