Great Eastern Shipping Company Share Price

GE Shipping company's board has declared the fourth interim dividend for FY2025-26 of 11.70 per share to the equity shareholders of the company

• Business Standard
• 2 weeks 3 days ago

Shipping company Great Eastern Shipping announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: Revenue for Q4FY26 stood at Rs. 1,511.40 crore, up by 23.58% YoY from Rs. 1,223.04 crore in Q4FY25 and up by 3.92% QoQ from Rs. 1,454.44 crore in Q3FY26. For the full year FY26, revenue stood at Rs. 5,409.09 crore, compared to Rs. 5,322.54 crore in FY25, marking a marginal YoY increase of 1.63%. Total Income: Total income for Q4FY26 was Rs. 1,857.23 crore, a growth of 35.24% YoY compared to Rs. 1,373.24 crore in Q4FY25 and an increase of 6.95% QoQ from Rs. 1,736.53 crore in Q3FY26. Annual total income for FY26 was Rs. 6,312.42 crore, up by 2.53% YoY from Rs. 6,156.88 crore in FY25. Net Profit: The company reported a net profit of Rs. 1,044.09 crore for Q4FY26, a substantial increase of 187.56% YoY from Rs. 363.09 crore in Q4FY25 and a sequential increase of 28.50% from Rs. 812.52 crore in Q3FY26. For the full year FY26, net profit grew by 25.52% YoY to Rs. 2,942.52 crore from Rs. 2,344.26 crore in FY25. Total Comprehensive Income: For Q4FY26, total comprehensive income was Rs. 1,138.57 crore, up from Rs. 358.04 crore in Q4FY25. For FY26, it reached Rs. 3,114.46 crore compared to Rs. 2,362.82 crore in FY25. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q4FY26 was Rs. 1,040.78 crore, representing a 32.27% YoY increase from Rs. 786.83 crore and an 8.11% QoQ increase from Rs. 962.68 crore. Annual revenue for FY26 stood at Rs. 3,659.04 crore, a decrease of 4.45% YoY compared to Rs. 3,829.60 crore in FY25. Total Income: Total standalone income for Q4FY26 was Rs. 1,332.10 crore, up 44.31% YoY. For the full year FY26, total standalone income was Rs. 4,420.33 crore versus Rs. 4,713.29 crore in FY25. Net Profit: Standalone net profit for Q4FY26 stood at Rs. 854.90 crore, up by 236.06% YoY from Rs. 254.39 crore and up by 30.81% QoQ from Rs. 653.53 crore. For the full year FY26, net profit was Rs. 2,356.46 crore, an increase of 8.78% over Rs. 2,166.25 crore in FY25. Business Highlights: Segment Performance (Consolidated FY26): Shipping Segment: Revenue reached Rs. 4,831.82 crore with a segment result of Rs. 2,463.04 crore. Offshore Segment: Revenue reached Rs. 1,522.43 crore with a segment result of Rs. 479.48 crore. Dividend: The Board declared a fourth interim dividend of Rs. 11.70 per equity share for FY26. The total dividend declared for the year aggregates to Rs. 35.10 per equity share. The Board decided there will be no final dividend for FY26. Fleet Changes: Sales: The company delivered two vessels, "Jag Aarati" (Kamsarmax Dry Bulk Carrier) and "Jag Vishnu" (Very Large Gas Carrier), contracted in earlier quarters. It also contracted to sell "Jag Prakash" and "Jag Pankhi" (Medium Range Tankers). Purchases: The company took delivery of "Jag Vijay" (Very Large Gas Carrier), "Jag Riddhi" (Ultramax Dry Bulk Carrier), and "Jag Pranesh" (Medium Range Tanker). It also contracted to buy "Jag Abhishek" (Kamsarmax Dry Bulk Carrier) and "Jag Prabhu" (Medium Range Tanker). Subsidiary Developments: Greatship Oilfield Services Limited (GOSL), a wholly owned subsidiary, was dissolved effective December 11, 2025, following a voluntary liquidation petition. Result PDF

• Trendlyne
• 2 weeks 6 days ago

The board of GE Shipping has declared 4th interim dividend for FY 2025-26 of 11.70 per share to the equity shareholders of the company. The company has set May 20 as the record date.

• Business Standard
• 2 weeks 6 days ago