The Great Eastern Shipping Co. Declares Interim Dividend and Approves Financial Results

The Great Eastern Shipping Company has announced its unaudited financial results and declared a ₹7.20 per share interim dividend for FY 2025-26. The Board approved results for the quarter and half-year ending September 30, 2025. The record date for the dividend is November 13, 2025, with payment on or after December 2, 2025.

Financial Performance Approved

The Board of Directors of The Great Eastern Shipping Company has approved the unaudited financial results (provisional) for Q2 FY26 and H1 FY26, ending September 30, 2025.

Interim Dividend Declaration

The company declared a second interim dividend of ₹7.20 per equity share for the financial year 2025-26.

Important Dates:

  • Record Date: November 13, 2025
  • Dividend Payment: On or after December 02, 2025

Fleet Update

Sales:

  • Contracted to sell its 2005-built Suezmax Crude Oil Carrier, Jag Lok, in Q3 FY26.
  • Subsequent to quarter-end, sale of 2005-built Medium Range Product Carrier, Jag Pooja, also in Q3 FY26.

Purchases:

  • Took delivery of a 2015-built Kamsarmax Dry Bulk Carrier, renamed Jag Amol.
  • Contracted to buy a secondhand Suezmax Crude Oil Carrier built in 2010, renamed Jag Laadki (delivery after quarter-end).
  • Contracted to buy a secondhand Kamsarmax Dry Bulk Carrier built in 2016, renamed Jag Anjali (delivery after quarter-end).
  • Subsequent to quarter-end, contracted to buy a secondhand Ultramax Dry Bulk Carrier built in 2019 (delivery in Q4 FY26).

Consolidated Financial Highlights (H1 FY26)

Key figures from the consolidated unaudited results:

  • Total Income: ₹2718.66 crores
  • Profit Before Tax: ₹1136.64 crores
  • Profit for the Period: ₹1085.91 crores
  • Total Comprehensive Income: ₹1145.27 crores
  • Basic EPS: ₹76.06

Standalone Financial Highlights (H1 FY26)

Key figures from the standalone unaudited results:

  • Total Income: ₹1866.19 crores
  • Profit Before Tax: ₹901.48 crores
  • Profit for the Period: ₹848.03 crores
  • Total Comprehensive Income: ₹847.55 crores
  • Basic EPS: ₹59.40

Source: BSE

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