Indian owner Great Eastern Shipping has fallen to a bigger loss in the final quarter of its financial year as costs rose.

The net loss to 31 March was INR 4.18bn ($62.5m), against a deficit of INR 340m in the year-ago period.

Revenue dropped to INR 8.15bn from INR 8.73bn, while costs rose to INR 10.74bn from INR 8.83bn year-on-year.