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Net profit of Great Eastern Shipping Company rose 187.56% to Rs 1044.09 crore in the quarter ended March 2026 as against Rs 363.09 crore during the previous quarter ended March 2025. Sales rose 23.58% to Rs 1511.40 crore in the quarter ended March 2026 as against Rs 1223.04 crore during the previous quarter ended March 2025.For the full year,net profit rose 25.52% to Rs 2942.52 crore in the year ended March 2026 as against Rs 2344.26 crore during the previous year ended March 2025. Sales rose 1.63% to Rs 5409.09 crore in the year ended March 2026 as against Rs 5322.54 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1511.401223.04 24 5409.095322.54 2 OPM %62.2941.01 -58.2050.30 - PBDT1264.33601.17 110 3914.853274.92 20 PBT1042.61395.87 163 3025.792461.69 23 NP1044.09363.09 188 2942.522344.26 26 Powered by Capital Market - Live News

Great Eastern Shipping Company will hold a meeting of the Board of Directors of the Company on 14 May 2026.

Great Eastern Shipping Company took delivery of 2014 Japanese built Kamsarmax Dry Bulk Carrier �Jag Abhishek� of about 81,094 dwt. The company had contracted to buy the vessel in Q4 FY26. This vessel is financed entirely from internal accruals.After this transaction, the company`s current owned fleet stands at 41 vessels, comprising 26 Tankers (5 Crude Tankers, 17 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.28 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 contracted to sell its Medium Range Tankers �Jag Prakash� and �Jag Pankhi�. These transactions are expected to be completed in Q1 FY27.

On 6th April 2026, Great Eastern Shipping Company (GE Shipping) has contracted to sell its 2007 built Medium Range Tanker Jag Prakash of about 47,848 dwt, to an unaffiliated third party. The vessel will be delivered to the new buyer in Q1 FY27. Including Jag Prakash, the company`s current owned fleet stands at 40 vessels, comprising 26 Tankers (5 Crude Tankers, 17 Product Tankers, 4 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 9 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.20 mn dwt. Additionally, the company has contracted to buy one secondhand Kamsarmax Dry Bulk Carrier and one secondhand Medium Range Tanker, and these transactions are expected to be completed in Q1 FY27.

Great Eastern Shipping Company announced that SES ESG Research (SES ESG), a SEBI registered ESG Rating provider, has vide its Environmental, Social, and Governance (ESG) report assigned an overall ESG score of 69.3 to the Company. Powered by Capital Market - Live News