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chowgule steamships ltd (501833) Details

Chowgule Steamships Limited engages in shipping activities in India. It owns and operates a fleet of five vessels for seaborne transportation of bulk cargoes, including iron ore, grain, coal, fertilizers, etc. The company was incorporated in 1963 and is based in Mumbai, India.

chowgule steamships ltd (501833) Top Compensated Officers

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chowgule steamships ltd (501833) Key Developments

Chowgule Steamships Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Audited Standalone and Consolidated Earnings Results for the Year Ended March 31, 2015

Chowgule Steamships Limited reported audited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the year ended March 31, 2015. For the quarter on standalone basis, net sales/income from operation was INR 4.658 million against INR 45.616 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 125.641 million against INR 21.740 million a year ago. Loss from ordinary activities before tax was INR 160.518 million against profit from ordinary activities before tax of INR 2.395 million a year ago. Net loss was INR 139.358 million or INR 3.84 per basic and diluted share against net profit of INR 12.110 million or INR 0.33 per basic and diluted share a year ago. For the year on standalone basis, net sales/income from operation was INR 73.154 million against INR 155.488 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 277.652 million against INR 93.972 million a year ago. Loss from ordinary activities before tax was INR 245.032 million against INR 33.755 million a year ago. Net loss was INR 204.398 million or INR 5.63 per basic and diluted share against INR 3.648 million or INR 0.10 per basic and diluted share a year ago. For the year on consolidated basis, net sales/income from operation was INR 852.046 million against INR 917.773 million a year ago. Profit from operation before other income, interest and finance cost was INR 362.602 million against INR 355.826 million a year ago. Loss from ordinary activities before tax was INR 1,098.357 million against INR 101.796 million a year ago. Net loss was INR 1,057.723 million or INR 29.13 per basic and diluted share against INR 71.689 million or INR 1.97 per basic and diluted share a year ago.

Chowgule Steamships Limited Appoints Mangesh Sawant as Managing Director

Chowgule Steamships Ltd. has announced that the Board of Directors of the Company at its meeting held on May 07, 2015, has appointed Mr. Mangesh Sawant, Executive Director and CFO as Managing Director & CFO of the Company for a period of three years with effect from April 01, 2015.

Chowgule Steamships Limited, Board Meeting, May 07, 2015

Chowgule Steamships Limited, Board Meeting, May 07, 2015. Agenda: To consider audited results.

 

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