The Great Eastern Shipping Company has declared a ₹9.00 per share interim dividend for FY 2025-26. The record date for dividend eligibility is February 4, 2026, with payment on or after February 24, 2026. Additionally, Mr. Ranjit Pandit has been appointed as the ‘Lead Independent Director,’ effective January 29, 2026, to strengthen the company’s governance framework.
Interim Dividend Announced
The Board of Directors has declared a third interim dividend of ₹9.00 per share for the financial year 2025-26. The dividend will be distributed to shareholders of the company.
Important Dates for Dividend
Key dates for the dividend distribution are:
- Record Date: February 4, 2026
- Payment Date: On or after February 24, 2026
Appointment of Lead Independent Director
In a move to further enhance corporate governance, Mr. Ranjit Pandit has been designated as the ‘Lead Independent Director’ of the company. This appointment is effective from January 29, 2026.
Financial Performance for Q3 2025-26 (Standalone)
The company’s standalone financial results for Q3 2025-26 show a revenue from operations of ₹962.68 crores and a profit after tax of ₹653.53 crores.
Key Financial Figures (Consolidated)
The consolidated unaudited results include the following highlights for the quarter ended December 31, 2025:
- Revenue from operations: ₹1454.44 crores
- Total Income: ₹1736.53 crores
- Profit before tax: ₹846.54 crores
- Profit for the period: ₹812.52 crores
Segment-Wise Revenue (Consolidated)
The consolidated segment-wise revenue breakdown for the quarter ended December 31, 2025 is as follows:
- Shipping: ₹1317.72 crores
- Offshore: ₹432.58 crores
Fleet Changes
The following changes were made to the company’s fleet:
- Sales: Delivered one Suezmax Crude Oil Carrier and one Medium Range Product Carrier. Contracted to sell one Kamsarmax Dry Bulk Carrier and one Very Large Gas Carrier.
- Purchases: Took delivery of two secondhand vessels, and contracted to buy two more vessels for delivery in the fourth quarter of Financial Year 2025-26.
GOSL Liquidation
The voluntary liquidation petition of Greatship Oilfield Services Limited (GOSL), a wholly-owned subsidiary, was approved, with GOSL standing dissolved from December 11, 2025.
Source: BSE
