Indian tanker and bulker owner Mercator Lines has revealed a big jump in profit for the first nine months of its financial year.
It said net earnings to 31 December were INR 2.19bn ($55.61m), up from INR 916m in the same period of 2006.
Revenues grew to INR 10.68bn as bulker markets boomed, compared to INR 8.22bn the year before.
Total costs were also up at INR 7.25bn,
