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.