The Great Eastern Shipping Company Limited

The Great Eastern Shipping Company Limited announced that its Board of Directors approved unaudited financial results for the quarter ended June 30, 2026, and declared an interim dividend of Rs 14.40 per share for fiscal year 2026-27, with August 7, 2026, as the record date and payment commencing on or after August 27, 2026.

The Great Eastern Shipping Company Limited announced that its Board of Directors approved unaudited financial results for the quarter ended June 30, 2026, and declared an interim dividend of Rs 14.40 per share for fiscal year 2026-27, with August 7, 2026, as the record date and payment commencing on or after August 27, 2026.

The Great Eastern Shipping Company Limited announced that its Board of Directors approved unaudited financial results for the quarter ended June 30, 2026, and declared an interim dividend of Rs 14.40 per share for fiscal year 2026-27, with August 7, 2026, as the record date and payment commencing on or after August 27, 2026.

Great Eastern Shipping Company Ltd share price slipped 1.61% to Rs 1350.3. The Company's net profit jumped 25.36% to Rs 1308.84 crore, while revenue from operations increased sharply by 32.68% to Rs 2005.36 crore in Q2FY26 over Q1FY26. The market capitalization of Shipping industry group stocks on BSE stood at Rs 52650.98 crore, gaining 9.70%. It has improved by 0.05% over last one week and edged lower by 1.04% in last one month while the market capitalization of Great Eastern Shipping Company Ltd has eased by 3.49% and 11.39% in the same period respectively. Profit before tax (PBT) of Great Eastern Shipping Company Ltd stood at Rs 1364.78 crore in Q2 FY26, expanding by 154.64% year-on-year, and jumping 30.90% quarter-on-quarter. EBITDA came in at Rs 1057 crore, rallying 108.31% YoY and surging by 77.46% sequentially. Total expenses went up by 13.86% to Rs 901.49 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 259.92 crore, inching up 4% YoY. For the TTM ended FY26, revenue from operations posted a slight growth of 1.63% to Rs 5409.09 crore, while net profit saw a strong growth of 25.52% to Rs 2942.52 crore, compared to previous TTM. EBITDA jumped by 191750% to Rs 2244.55 crore, and PBT surged 22.92% to Rs 3025.79 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 2853.87 crore in FY26, as against Rs 2647.36 crore in FY25. Great Eastern Shipping Company Ltd rallied 44.18% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.81% during the same period.

Great Eastern Shipping Company will hold a meeting of the Board of Directors of the Company on 3 August 2026.

Great Eastern Shipping Company took delivery of 2015 built Long Range 2 Tanker 'Jag Laxman' of about 109,990 dwt. The company had contracted to buy the vessel in Q1 FY27. This vessel is financed entirely from internal accruals. After this transaction, the company's current owned fleet stands at 41 vessels, comprising 26 Tankers (5 Crude Tankers, 17 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.35 mn dwt. The Company's current capacity utilization is close to 100%. Of the above, the company has contracted to sell one secondhand Long Range 2 Product Tanker, and this sale transaction is expected to be completed in Q2 FY27.

Great Eastern Shipping Company announced that the 78th Annual General Meeting(AGM) of the company will be held on 4 August 2026.

Great Eastern Shipping Company (GE Shipping) took delivery of 2014 built Medium Range Tanker 'Jag Prabhu' of about 49,420 dwt. The company had contracted to buy the vessel in Q1 FY27. This vessel is financed entirely from internal accruals. After this transaction, the company's current owned fleet stands at 40 vessels, comprising 25 Tankers (5 Crude Tankers, 16 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.24 mn dwt. The Company's current capacity utilization is close to 100%. Additionally, the company has contracted to buy one secondhand Long Range 2 Product Tanker, and this purchase transaction is expected to be completed in Q2 FY27.

Great Eastern Shipping Company has contracted to buy a secondhand Long Range 2 Tanker of about 110,000 dwt. The 2015 built vessel is expected to join the Company's fleet in Q2 FY27. The proposed vessel will be financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet. The company's current owned fleet stands at 39 vessels, comprising 24 Tankers (5 Crude Tankers, 15 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.19 mn dwt. The Company's current capacity utilization is close to 100%.

The proposed vessel will be financed entirely from internal accruals. The 2015 built vessel is expected to join the company's fleet in Q2 FY27. The company's current owned fleet stands at 39 vessels, comprising 24 Tankers (5 Crude Tankers, 15 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.19 mn dwt. The company's current capacity utilization is close to 100%. Additionally, the company has contracted to buy one secondhand medium range product tanker, and this purchase transaction is expected to be completed in Q1 FY27. Great Eastern Shipping Company (GE Shipping), along with its subsidiaries is a major player in the Indian shipping and oil drilling services industry. The company's consolidated net profit surged 187.56% to Rs 1,044.09 crore in Q4 FY26 from Rs 363.09 crore in Q4 FY25. Revenue from operations climbed 23.58% YoY to Rs 1,511.40 crore in Q4 FY26.Powered by Capital Market - Live