Great Eastern Shipping Q4 turns around to net profit of Rs49cr on derivative contract losses in Mar-20 quarter

Capt. John

Great Eastern Shipping reported -26.68% yoy fall in consolidated revenues for the Mar-21 quarter at Rs739.95cr. On a yoy basis, the offshore business was down -20% at Rs166.5cr while the shipping business was also down -25% at Rs640cr. The shipping business took a hit on account of a sharp fall in shipping volumes and also …

The post Great Eastern Shipping Q4 turns around to net profit of Rs49cr on derivative contract losses in Mar-20 quarter first appeared on Hellenic Shipping News Worldwide.

https://www.hellenicshippingnews.com/great-eastern-shipping-q4-turns-around-to-net-profit-of-rs49cr-on-derivative-contract-losses-in-mar-20-quarter/

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