Great Eastern Shipping company on Thursday said that the company's consolidated net profit during the April-June period rose by 10.5% to Rs 180.9 crore.
JNPT's auditors discovered discrepancies in the rates charged by the company, which might lead to the deal being called off.
Aban Offshore on Wednesday, said that the company’s consolidated net profit fell by more than 41% to Rs 52.13 crore in the April-June period.
Great Offshore's profit could have seen a greater beating, but the company managed to bring down its tax expenses during the quarter as compared to the year ago period.
Essar Ports, which sold 4% stake in the company to Port of Antwerp for 175 cr, is also looking to increase cargo flow from India to Antwerp.
Essar Shipping, the demerged entity of Essar Shipping Ports & Logistics on Monday said that the company's net profit rose by 186% in the April-June period.
The differences were resolved after an intervention by the shipping ministry.
Larsen and Toubro and Pipavav Defence on Saturday signed two separate deals with the country's biggest naval shipyard, Mazagon Dock, to produce equipment for the defence sector.
The Kerala government is likely to invite fresh bids for the Vizhinjam Port after state govt found it unviable to provide a grant as requested by sole-bidder Welspun group.
DCNS, the French defence major is likely to pick up a little less than 10% equity stake in Nikhil Gandhi-promoted Pipavav Defence and Offshore Engineering for about Rs 800 crore, according to Pipavav Defence officials.
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