Great Eastern Shipping Company announced that the Board of Directors of the Company at its meeting held on 27 October 2023, has recommended a Interim dividend of Rs.6.30 per share (i.e.63%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Great Eastern Shipping Company declined 22.65% to Rs 594.66 crore in the quarter ended September 2023 as against Rs 768.83 crore during the previous quarter ended September 2022. Sales declined 15.09% to Rs 1229.02 crore in the quarter ended September 2023 as against Rs 1447.45 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1229.021447.45 -15 OPM %52.3554.79 - PBDT798.67840.92 -5 PBT611.93659.94 -7 NP594.66768.83 -23 Powered by Capital Market - Live News

Net profit of Great Eastern Shipping Company declined 22.12% to Rs 535.55 crore in the quarter ended September 2023 as against Rs 687.64 crore during the previous quarter ended September 2022. Sales declined 21.91% to Rs 972.45 crore in the quarter ended September 2023 as against Rs 1245.36 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales972.451245.36 -22 OPM %52.8457.95 - PBDT669.70694.88 -4 PBT551.06580.20 -5 NP535.55687.64 -22 Powered by Capital Market - Live News

Great Eastern Shipping Company has delivered its 2006 built Supramax Dry Bulk Carrier �Jag Rohan� to the buyers. The vessel was contracted for sale in September 2023. Excluding Jag Rohan, company`s current fleet stands at 41 vessels, comprising 28 tankers (6 crude carriers, 18 product tankers, 4 LPG carrier) and 13 dry bulk carriers (2 Capesize, 7 Kamsarmax, 4 Supramax) aggregating 3.28 mn dwt. Powered by Capital Market - Live News

Great Eastern Shipping Company has contracted to sell its 2006 built Supramax Dry Bulk Carrier, Jag Rohan of about 52,450 dwt on September 27, 2023 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3 FY24.Powered by Capital Market - Live News