The Great Eastern Shipping Company Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 12,451.3 million compared to INR 14,210.3 million a year ago. Revenue was INR 13,959.5 million compared to INR 15,224.3 million a year ago. Net income was INR 5,381.7 million compared to INR 6,272 million a year ago. Basic earnings per share from continuing operations was INR 37.7 compared to INR 43.93 a year ago. Diluted earnings per share from continuing operations was INR 37.62 compared to INR 43.84 a year ago.
For the nine months, sales was INR 37,578.4 million compared to INR 42,344.8 million a year ago. Revenue was INR 41,921.2 million compared to INR 46,204.2 million a year ago. Net income was INR 17,091 million compared to INR 18,530.7 million a year ago. Basic earnings per share from continuing operations was INR 119.71 compared to INR 129.79 a year ago. Diluted earnings per share from continuing operations was INR 119.47 compared to INR 129.53 a year ago.