Great Eastern Shipping Company
974.00
-6.15(-0.63%)
Market Cap₹13,905.52 Cr
PE Ratio8.44
Company Performance:
1D-0.63%
1M-1.63%
6M+9.23%
1Y-29.13%
5Y+251.56%
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More news about Great Eastern Shipping Company
31Jul 25
Great Eastern Shipping Reports Q1 Net Profit of INR 505 Crores, Declares INR 7.20 Interim Dividend
Great Eastern Shipping Company Limited (GE Shipping) reported a decline in Q1 performance compared to last year. Revenue dropped to INR 1,337.00 crores from INR 1,703.00 crores, while net profit decreased to INR 505.00 crores from INR 812.00 crores. Despite the downturn, the company declared its 14th consecutive quarterly interim dividend of INR 7.20 per equity share. Segment-wise, both shipping and offshore operations saw reduced revenue days. Time Charter Yields showed mixed results with LPG carriers improving by 19% year-over-year, while crude and product carriers declined by 27% and 33% respectively.
25Jul 25
GE Shipping Expands Fleet with Acquisition of 2015-Built Kamsarmax Dry Bulk Carrier
Great Eastern Shipping Company Limited has contracted to acquire a Kamsarmax dry bulk carrier of approximately 81,843 dwt, built in 2015. The vessel is expected to join the fleet by Q3 FY2026, financed entirely from internal accruals. This acquisition will increase G E Shipping's fleet to 39 vessels with a total capacity of 3.13 million dwt, up from the current 38 vessels and 3.04 million dwt. The company's Board of Directors is scheduled to meet on July 31, 2025, to consider Q1 FY2026 financial results.
25Jul 25
Great Eastern Shipping Expands Fleet with Kamsarmax Dry Bulk Carrier Purchase
Great Eastern Shipping Company Limited (G E Shipping) has contracted to purchase a Kamsarmax Dry Bulk Carrier with a capacity of approximately 81,843 deadweight tonnage (dwt), built in 2015. The vessel is expected to join the fleet by the third quarter of FY26, increasing the company's total fleet to 39 vessels with a capacity of 3.13 million dwt. The acquisition will be financed through internal accruals. G E Shipping's Board of Directors will meet on July 31, 2025, to consider the financial results for the quarter ended June 30, 2025, with an earnings call scheduled for August 1, 2025.
09May 25
Great Eastern Shipping: Q4 Profit Plunges 60%, Declares Dividend
Great Eastern Shipping Co. reported a 60% decrease in consolidated net profit for Q4 FY2025, falling to ₹363.00 crore. Revenue declined by 18.30% to ₹1,223.00 crore. Despite financial challenges, the company declared a fourth interim dividend of ₹5.40 per equity share. The board also approved re-appointments of key directors.
21Feb 25
Great Eastern Shipping Delivers 'Jag Rishi' Supramax Dry Bulk Carrier
Great Eastern Shipping Company has announced the delivery of its 2011-built Supramax dry bulk carrier, 'Jag Rishi'. This move could indicate either a potential sale or the end of a long-term charter agreement. The delivery is likely to impact the company's fleet composition and reflects active fleet management in response to current market conditions in the dry bulk shipping sector.
1 Year Returns:-29.13%
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