Great Eastern Shipping jumps on turning black in Q4 consolidated internet earnings

Great Eastern Shipping jumps on turning black in Q4 consolidated internet earnings

by admin- Tuesday, May 7th, 2019 03:59:25 PM

Great Eastern Shipping Company is currently trading at Rs. 283.60, up by three.85 factors or 1.38% from its previous ultimate of Rs. 279.Seventy five at the BSE.

The scrip opened at Rs. 285.00 and has touched a excessive and low of Rs. 286.95 and Rs. 281.Fifty five respectively. So a long way 675559 stocks had been traded on the counter.

The BSE organization ‘A’ inventory of face price Rs. 10 has touched a 52 week high of Rs. 366.00 on eleven-May-2018 and a fifty two week low of Rs. 240.05 on 12-Feb-2019.

Last one week excessive and occasional of the scrip stood at Rs. 294.Eighty and Rs. 278.30 respectively. The cutting-edge market cap of the enterprise is Rs. 4285.08 crore.

The promoters conserving in the company stood at 29.Sixty six%, at the same time as Institutions and Non-Institutions held forty four.25% and 26.08% respectively.

Great Eastern Shipping Company has stated a internet earnings of Rs one hundred thirty five.61 crore for the sector ended March 31, 2019 below review against internet lack of Rs thirteen.Forty four crore for the identical quarter within the preceding yr. Total income of the organization accelerated through 23.05% at Rs 785.01 crore for Q4FY19 in comparison Rs 637.Ninety four crore for the corresponding zone previous 12 months.

On the consolidated basis, the company has said a net income of Rs 148.Forty seven crore for the region ended March 31, 2019 below review in opposition to internet loss of Rs 419.10 crore for the same sector inside the preceding yr. Total profits of the organisation accelerated by using 24.27% at Rs 1,026.99 crore for Q4FY19 in comparison Rs 826.42 crore for the corresponding area previous year.

For the year ended March 31, 2019, the business enterprise has mentioned a internet loss of Rs 19.Forty seven crore against internet earnings of Rs a hundred and sixty.19 crore for the previous 12 months. However, total earnings of the employer accelerated by using 32.83% at Rs 2,913.Forty one crore for 12 months underneath review as compared to Rs 2,193.29 crore for yr ended March 31, 2018.

For the 12 months ended March 31, 2019, on the consolidated basis, the company has stated a net loss of Rs 21.45 crore against internet loss of Rs 210.Forty nine crore for the previous yr. However, general profits of the organization expanded through 21.95% at Rs three,829.89 crore for yr below assessment compared to Rs three,one hundred forty.57 crore for 12 months ended March 31, 2018.

News Updates