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: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 Single segment Shipping 2023-10-01 2023-12-31 Unaudited Standalone 9961800000.00 1140900000.00 11102700000.00 0.00 0.00 0.00 1431900000.00 503000000.00 1251900000.00 2810000000.00 5996800000.00 5105900000.00 0.00 5105900000.00 150000000.00 78200000.00 228200000.00 0.00 4877700000.00 0.00 0.00 0.00 0.00 4877700000.00 -70900000.00 4806800000.00 0.00 0.00 1427700000.00 10 34.17 34.10 0.00 0.00 34.17 34.10 0.00 Please note interest service coverage ratio for the quarter and nine year ended December 31, 2023 is 13.64 and 14.10 respectively and Debt Service Coverage Ratio for the quarter and nine year ended December 31, 2023 is 10.34 and 10.83 respectively . 1.The Company is engaged only in shipping business segment and there are no separate reportable segments as per Ind AS 108, 'Operating Segments'. 2.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. 3.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. 4.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. Single segment 2023-04-01 2023-12-31 Unaudited Standalone 30099300000.00 3908200000.00 34007500000.00 0.00 0.00 0.00 4355900000.00 1528100000.00 3571000000.00 8103300000.00 17558300000.00 16449200000.00 0.00 16449200000.00 470000000.00 83100000.00 553100000.00 0.00 15896100000.00 0.00 0.00 0.00 0.00 15896100000.00 7500000.00 15903600000.00 0.00 0.00 1427700000.00 10 111.34 111.12 0.00 0.00 111.34 111.12 0.00 Consumption of spares and stores 510600000.00 Foreign exchange (gain)/loss,(net) -62600000.00 Fuel oil and water 892700000.00 Net (gain)/loss due to change in fair value / settlement of derivative contracts (net) 92900000.00 Other Expenses 918200000.00 Port, light and canal dues 458200000.00 Consumption of spares and stores 1472300000.00 Foreign exchange (gain)/loss,(net) -475100000.00 Fuel oil and water 3103000000.00 Net (gain)/loss due to change in fair value / settlement of derivative contracts (net) -331700000.00 Other Expenses 3042300000.00 Port, light and canal dues 1292500000.00 5.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). 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 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 Items that will not be reclassified to Profit or Loss 13300000.00 Items that will not be reclassified to Profit or Loss 30900000.00 13300000.00 30900000.00 0.00 0.00 Items that will be reclassified as to Profit or Loss -84200000.00 Items that will be reclassified as to Profit or Loss -23400000.00 -84200000.00 -23400000.00 0.00 0.00