GESHIP2023-10-012023-12-31 GESHIP2023-10-012023-12-31 GESHIP2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member GESHIP2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member GESHIP2023-10-012023-12-31in-bse-fin:OneOperatingExpenses03Member GESHIP2023-10-012023-12-31in-bse-fin:OneOperatingExpenses04Member GESHIP2023-10-012023-12-31in-bse-fin:OneOperatingExpenses05Member GESHIP2023-10-012023-12-31in-bse-fin:OneOperatingExpenses06Member GESHIP2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member GESHIP2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member GESHIP2023-10-012023-12-31in-bse-fin:FourOperatingExpenses03Member GESHIP2023-10-012023-12-31in-bse-fin:FourOperatingExpenses04Member GESHIP2023-10-012023-12-31in-bse-fin:FourOperatingExpenses05Member GESHIP2023-10-012023-12-31in-bse-fin:FourOperatingExpenses06Member GESHIP2023-12-31 GESHIP2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member GESHIP2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member GESHIP2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member GESHIP2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member GESHIP2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member GESHIP2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member GESHIP2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member GESHIP2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member GESHIP2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member GESHIP2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member GESHIP2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member GESHIP2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member GESHIP2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GESHIP2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500620 GESHIP NA The Great Eastern Shipping Company Limited Equity 2023-04-01 2024-03-31 2024-01-31 2024-01-18 INR Crores Third quarter 12:00:00 16:15:00 2024-01-31 2024-01-31 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Consolidated 12451300000.00 1508200000.00 13959500000.00 0.00 0.00 0.00 2166500000.00 668700000.00 1940200000.00 3787400000.00 8562800000.00 5396700000.00 0.00 5396700000.00 70300000.00 -55300000.00 15000000.00 0.00 5381700000.00 0.00 0.00 0.00 0.00 5381700000.00 -95800000.00 5285900000.00 5381700000.00 0.00 -95800000.00 0.00 1427700000.00 10 37.70 37.62 0.00 0.00 37.70 37.62 0.00 0.05 Please note interest service coverage ratio for the quarter and nine year ended December 31, 2023 is 11.97 and 12.22 respectively. 1.The Board of Directors has declared a third interim dividend of Rs. 6.30 per share of Rs.10/- each. The outgo on this account is Rs. 89.94 crores. The Company had declared and paid two interim dividends of Rs. 19.20 per equity share of Rs.10/- each during half year ended September 30, 2023. The outgo on this account was Rs. 274.11 crores. The total interim dividends declared for nine months period ended December 31, 2023 aggregates to Rs. 25.50 per equity share. The total outgo on this account will be Rs. 364.05 crores. 2.During the quarter under review, the Company undertook the following transactions: -took delivery of secondhand Medium Range Product Tanker built in 2008 renamed as Jag Parth -sold and delivered its 2006 built Supramax Dry Bulk Carrier Jag Rohan. -contracted to buy and took delivery of a Secondhand Kamsarmax Dry Bulk Carrier built in 2014 renamed as Jag Amaira. -contracted to sell its 2004 built Medium Range Tanker Jag Prabha which has been delivered in the fourth quarter of Financial Year 2023-24. 3.During the previous year, Greatship (India) Ltd., a wholly owned subsidiary of the Company, received claim from insurance company of Rs. 44.73 crores towards full and final settlement for vessel Greatship Rohini which had met with a major fire accident during financial year ended March 31, 2021. The claim has been recognised as other income during the previous year ended March 31, 2023. 4.During the previous year ended March 31, 2023, Greatship (India) Ltd., a wholly owned subsidiary of the Company has reversed provision for tax relating to earlier years based on the favourable orders received, time barred assessments, etc. Multi segment 2023-04-01 2023-12-31 Unaudited Consolidated 37578400000.00 4342800000.00 41921200000.00 0.00 0.00 0.00 6545300000.00 2061900000.00 5604800000.00 10184600000.00 24396600000.00 17524600000.00 0.00 17524600000.00 402500000.00 31100000.00 433600000.00 0.00 17091000000.00 0.00 0.00 0.00 0.00 17091000000.00 58700000.00 17149700000.00 17091000000.00 0.00 58700000.00 0.00 1427700000.00 10 119.71 119.47 0.00 0.00 119.71 119.47 0.00 0.05 Consumption of spares and stores 952300000.00 Foreign exchange (gain)/loss,(net) -72600000.00 Fuel oil and water 975200000.00 Net (gain)/loss due to change in fair value / settlement of derivative contracts(net) -76300000.00 Other Expenses 1549300000.00 Port, light and canal dues 459500000.00 Consumption of spares and stores 2357600000.00 Foreign exchange (gain)/loss,(net) -464500000.00 Fuel oil and water 3281900000.00 Net (gain)/loss due to change in fair value / settlement of derivative contracts(net) -629200000.00 Other Expenses 4343300000.00 Port, light and canal dues 1295500000.00 Offshore 2506100000.00 Shipping 11524400000.00 Offshore 7658300000.00 Shipping 34471800000.00 14030500000.00 42130100000.00 71000000.00 208900000.00 13959500000.00 41921200000.00 Offshore 33400000.00 Shipping 5348300000.00 Offshore 696400000.00 Shipping 16394600000.00 5381700000.00 17091000000.00 0.00 0.00 0.00 5.The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 31, 2024. The Statutory Auditors of the Company have carried out a Limited Review of the results for the quarter and nine months ended December 31, 2023. 6.The results for the quarter and nine months ended December 31, 2023, 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). 7.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 6,000 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 15,500 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. For The Great Eastern Shipping Co. Ltd. ( K. M. Sheth ) Chairman Place: Mumbai Date: 31.01.2024 0.00 5381700000.00 17091000000.00 Offshore 43929100000.00 Shipping 119733900000.00 163663000000.00 0.00 163663000000.00 Offshore 12305800000.00 Shipping 35479900000.00 47785700000.00 0.00 47785700000.00 Items that will not be reclassified to Profit or Loss 14800000.00 Items that will not be reclassified to Profit or Loss 25300000.00 14800000.00 25300000.00 600000.00 -800000.00 Items that will be reclassified as to Profit or Loss -124200000.00 Items that will be reclassified as to Profit or Loss 10700000.00 -124200000.00 10700000.00 -14200000.00 -21900000.00