Integrated Filing — IndAS



General information about company

Scrip Code 500620
NSE Symbol GESHIP
MSEI Symbol NA
ISIN INE017A01032
Name of company The Great Eastern Shipping Company Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 03-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 03-08-2026   14:00:00
End date and time of board meeting 03-08-2026   15:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,00,536.00 2,00,536.00
Other income 28,085.00 28,085.00
Total income 2,28,621.00 2,28,621.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 25,992.00 25,992.00
(e) Finance costs 1,994.00 1,994.00
(f) Depreciation, depletion and amortisation expense 23,386.00 23,386.00
(f) Other Expenses
1 Fuel oil and water 12,884.00 12,884.00
2 Port, light and canal dues 2,473.00 2,473.00
3 Consumption of spares and stores 6,834.00 6,834.00
4 (Gain)/loss due to change in fair value / settlement of derivative contracts (net) (583.00) (583.00)
5 Foreign exchange (gain)/loss (net) (650.00) (650.00)
6 Impairment on certain ships 0.00 0.00
7 Other Expenses 19,813.00 19,813.00
Total other expenses 40,771.00 40,771.00
Total expenses 92,143.00 92,143.00
3 Total profit before exceptional items and tax 1,36,478.00 1,36,478.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,36,478.00 1,36,478.00
6 Tax expense
7 Current tax 2,871.00 2,871.00
8 Deferred tax 2,723.00 2,723.00
9 Total tax expenses 5,594.00 5,594.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,30,884.00 1,30,884.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 1,30,884.00 1,30,884.00
17 Other comprehensive income net of taxes (546.00) (546.00)
18 Total Comprehensive Income for the period 1,30,338.00 1,30,338.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,30,884.00 1,30,884.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (546.00) (546.00)
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 14,277.00 14,277.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 91.68 91.68
Diluted earnings (loss) per share from continuing operations 91.49 91.49
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 91.68 91.68
Diluted earnings (loss) per share from continuing and discontinued operations 91.49 91.49
24 Debt equity ratio 0.0400 0.0400
25 Debt service coverage ratio 6.00 6.00
26 Interest service coverage ratio 81.1700 81.1700
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The Board of Directors has declared an interim dividend of Rs. 14.40 per equity share of Rs. 10/- each. 2.Following were the changes to the fleet during and subsequent to the quarter: Sales - delivered its 2007 built Medium Range Tanker named Jag Prakash which was contracted for sale in earlier quarter. - contracted to sell and delivered its 2003 built Medium Range Tanker named Jag Pankhi. - contracted to sell its 2009 built Long Range 2 Tanker Jag Lokesh and delivered subsequent to the end of the quarter. Purchases - took delivery of a secondhand Kamsarmax Dry Bulk Carrier built in 2014 renamed as Jag Abhishek. - took delivery of a secondhand Medium Range Tanker built in 2014 renamed as Jag Prabhu. - contracted to buy a secondhand Long Range 2 Tanker built in 2015 renamed as Jag Laxman and took delivery subsequent to the end of the quarter. 3.The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 03, 2026. The statutory auditors of the Company have carried out a Limited Review of the results for the quarter ended June 30, 2026. 4.The figures for the quarter ended March 31, 2026 is the balancing figure between audited figure in respect of full financial year and the published year to date figures up to the third quarter for the relevant financial year. These have been subjected to limited review by the statutory auditors.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Shipping 1,89,097.00 1,89,097.00
2 Offshore 40,602.00 40,602.00
Total Segment Revenue 2,29,699.00 2,29,699.00
Less: Inter segment revenue 1,078.00 1,078.00
Revenue from operations 2,28,621.00 2,28,621.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Shipping 1,15,538.00 1,15,538.00
2 Offshore 15,346.00 15,346.00
Total Profit before tax 1,30,884.00 1,30,884.00
i. Finance cost 0.00 0.00
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 1,30,884.00 1,30,884.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Shipping 15,55,153.00 15,55,153.00
2 Offshore 4,71,533.00 4,71,533.00
Total Segment Asset 20,26,686.00 20,26,686.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 20,26,686.00 20,26,686.00
4 Segment Liabilities
Segment Liabilities
1 Shipping 1,72,098.00 1,72,098.00
2 Offshore 44,700.00 44,700.00
Total Segment Liabilities 2,16,798.00 2,16,798.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 2,16,798.00 2,16,798.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) 5. The results for the quarter June 30, 2026, are available on BSE Ltd. website (URL:www.bseindia.com/corporates), on National Stock Exchange of India Ltd. website (URL:www.nseindia.com/corporates) and on the Company website (URL:www.greatship.com/ financial_result.html). 6. Additional disclosures as per Clause 52(4) and Clause 54(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 : (a) As per the terms of issue of 4500 Secured Redeemable Non-convertible Debentures of Rs. 10 lakhs each, the Company has created and maintained exclusive charge on ships (over 1.20 times cover on market value of ships) and additional security by way of mortgage on immovable property. As per the terms of issue of 3500 Unsecured Redeemable Non-convertible Debentures of Rs. 10 lakhs each, the Company has maintained unencumbered assets (including cash and cash equivalents) of market value not less than outstanding face value amount of these debentures.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to Profit or Loss (57.00) (57.00)
Total Amount of items that will not be reclassified to profit and loss (57.00)
2 Income tax relating to items that will not be reclassified to profit or loss 19.00 19.00
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to Profit or Loss (454.00) (454.00)
Total Amount of items that will be reclassified to profit and loss (454.00)
4 Income tax relating to items that will be reclassified to profit or loss 16.00 16.00
5 Total Other comprehensive income (546.00) (546.00)