Great Eastern Q4 net up 24 pc

Total income increased to Rs 838.6 crore for the January-March quarter, from Rs 803 crore in the year-ago period, Great Eastern Shipping Company said in a filing to the Bombay Stock Exchange.

The board has proposed a dividend of Rs 8 per share on the face value of Rs 10.
For the year ended March 2010, the company has posted a net profit of Rs 512 crore, down 64 per cent over the same period last fiscal.

In a separate filing to the BSE the company informed the appointment of KV Kamath as an additional Director effective today. With his appointment, the number of directors on the board increases to 10, including six independent and four non-independent directors.

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