MUMBAI: The Great Eastern Shipping Co Ltd, India’s biggest private ocean carrier by fleet size and revenues, said its January-March 2023 net profit soared 282 percent to Rs 721.94 crore from Rs 188.97 crore a year earlier.
The company’s revenue from operations during the fourth quarter of FY23 grew 58.92 percent to Rs 1,455.98 crore from Rs 916.17 crore a year ago, the company said in a regulatory filing.
For FY23, the overall net profit of the company jumped 308.94 percent to Rs 2,575.01 crore from Rs 629.68 crores a year earlier.
Revenue from operations for the full year grew 62.17 percent to Rs 5,690.46 crore from Rs 3,508.94 crore a year ago.
