Image Source: Sana Securities
Great Eastern Shipping Company has posted a strong performance for the March 2025 quarter, affirming its leadership in India's shipping industry. The company declared the reappointment of Bharat K. Sheth as Deputy Chairman and Managing Director, an action that speaks volumes about continuity and faith in its strategic vision. Sheth, an experienced industry leader, has played a key role in guiding the company through several shipping cycles and building its global presence.
For the period ended March 2025, Great Eastern Shipping reported consolidated revenue from operations of ₹12.23 billion and net profit of ₹3.63 billion. These numbers indicate the company's strength and operating efficiency in the face of a tough global shipping scenario. The board has also announced a dividend of ₹5.40 per share, thanking shareholders for their continued patronage.
Key highlights:
Bharat K. Sheth appointed as Deputy Chairman & Managing Director, providing seasoned leadership at the top
Consolidated revenue from operations for the March quarter was ₹12.23 billion, demonstrating consistent business performance
Consolidated net profit for the quarter was ₹3.63 billion, highlighting robust profitability
Dividend of ₹5.40 per share declared, continuing the company's tradition of consistent shareholder returns
These findings and leadership choices put Great Eastern Shipping in position for sustained growth and stability as it weathers the changing dynamics of the global shipping market.
Sources: Reuters, Great Eastern Shipping Company, Moneycontrol, BlinkX
Advertisement
Advertisement
