The Great Eastern Shipping Declares Interim Dividend and Appoints Lead Independent Director

The Board of Directors of The Great Eastern Shipping Company has declared a third interim dividend of ₹9 per share for FY 2025-26. The record date for determining eligible shareholders is February 4, 2026, with payments starting February 24, 2026. Mr. Ranjit Pandit has been appointed as Lead Independent Director, effective January 29, 2026.

Interim Dividend Announcement

The Great Eastern Shipping Company announced a third interim dividend for the financial year 2025-26. The dividend is set at ₹9 per equity share.

  • Record Date: February 4, 2026
  • Payment Date: On or after February 24, 2026

Leadership Appointment

In a move to bolster its governance framework, the Board has appointed Mr. Ranjit Pandit as the Lead Independent Director of the company, effective January 29, 2026.

Financial Results for Q3 2025-26 (Standalone)

The standalone unaudited financial results for the quarter ended December 31, 2025, indicate a profit of ₹653.53 crores. Key financial figures include:

  • Revenue from operations: ₹962.68 crores
  • Total Income: ₹1222.04 crores
  • Profit before tax: ₹678.37 crores

Consolidated Financial Performance

The consolidated unaudited financial results for the quarter ended December 31, 2025, indicate a profit of ₹812.52 crores. Highlights from the consolidated financial performance are:

  • Revenue from operations: ₹1454.44 crores
  • Total Income: ₹1736.53 crores
  • Profit before tax: ₹846.54 crores

Fleet Changes

The company also provided updates regarding changes to its fleet:

  • Sales: Included delivery of the 2005-built Suezmax Crude Oil Carrier Jag Lok.
  • Purchases: Included taking delivery of a secondhand Suezmax Crude Oil Carrier built in 2010 renamed as Jag Laadki.

Other Key Updates

  • Greatship Oilfield Services Limited (GOSL): Voluntary liquidation was approved, with GOSL dissolved effective December 11, 2025.

Source: BSE

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