Great Eastern Shipping Company has contracted to buy a secondhand Kamsarmax Dry Bulk Carrier of about 81,094 dwt on 04 March 2026. The 2014 Japanese built vessel is expected to join the Company`s fleet by Q1 FY27.The proposed vessel will be financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet. The company`s current owned fleet stands at 41 vessels, comprising 27 Tankers (5 Crude Tankers, 17 Product Tankers, 5 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 9 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.25 mn dwt. The Company`s current capacity utilization is close to 100%.Powered by Capital Market - Live News

Great Eastern Shipping Company took delivery of 2013 South Korean built Medium Range Tanker �Jag Pranesh� of about 51,565 dwt on 24 February 2026. The company had contracted to buy the vessel in Q3 FY26. This vessel is financed entirely from internal accruals. After this transaction, the company`s current owned fleet stands at 41 vessels, comprising 27 Tankers (5 Crude Tankers, 17 Product Tankers, 5 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 9 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.25 mn dwt. The Company`s current capacity utilization is close to 100%.Additionally, the company has contracted to sell one Very Large Gas Carrier �Jag Vishnu�. This sale transaction is expected to be completed in Q4 FY26. Powered by Capital Market - Live News

Great Eastern Shipping Company announced that the Board of Directors of the Company at its meeting held on 29 January 2026, inter alia, have recommended the Third Interim dividend of Rs 9 per equity Share (i.e. 90%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Great Eastern Shipping Company rose 36.87% to Rs 812.52 crore in the quarter ended December 2025 as against Rs 593.66 crore during the previous quarter ended December 2024. Sales rose 17.59% to Rs 1454.44 crore in the quarter ended December 2025 as against Rs 1236.87 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1454.441236.87 18 OPM %57.4649.40 - PBDT1092.79547.34 100 PBT846.54341.97 148 NP812.52593.66 37 Powered by Capital Market - Live News

Great Eastern Shipping Company took delivery of 2019 Japanese built Ultramax Dry Bulk Carrier �Jag Riddhi� of about 63,480 dwt on January 28, 2026. The company had contracted to buy the vessel in Q3 FY26. This vessel is financed entirely from internal accruals. After this transaction, the company`s current owned fleet stands at 40 vessels, comprising 26 Tankers (5 Crude Tankers, 16 Product Tankers, 5 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 9 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.20 mn dwt. The Company`s current capacity utilization is close to 100%.Additionally, the company has contracted to buy one secondhand Medium Range Tanker and sell one Very Large Gas Carrier �Jag Vishnu�. These purchase and sale transactions are expected to be completed in Q4 FY26. Powered by Capital Market - Live News