GESHIP2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member GESHIP2019-04-012019-06-30in-bse-fin:OneOperatingExpenses02Member GESHIP2019-04-012019-06-30in-bse-fin:OneOperatingExpenses03Member GESHIP2019-04-012019-06-30in-bse-fin:OneOperatingExpenses04Member GESHIP2019-04-012019-06-30in-bse-fin:OneOperatingExpenses05Member GESHIP2019-04-012019-06-30in-bse-fin:OneOperatingExpenses06Member GESHIP2019-04-012019-06-30in-bse-fin:OneReportableSegmentRevenue01Member GESHIP2019-04-012019-06-30in-bse-fin:OneReportableSegmentRevenue02Member GESHIP2019-04-012019-06-30in-bse-fin:OneReportableSegmentResults01Member GESHIP2019-04-012019-06-30in-bse-fin:OneReportableSegmentResults02Member GESHIP2019-04-012019-06-30in-bse-fin:OneReportableSegmentAssets01Member GESHIP2019-04-012019-06-30in-bse-fin:OneReportableSegmentAssets02Member GESHIP2019-04-012019-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2019-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2019-04-012019-06-30in-bse-fin:OneReportableSegmentLiabilities02Member GESHIP2019-06-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares GESHIP 2019-04-01 2020-03-31 2019-07-17 INR Crores First quarter Multi segment 2019-04-01 2019-06-30 Unaudited Consolidated 7825900000.00 506300000.00 8332200000.00 0.00 0.00 0.00 1705100000.00 1045700000.00 1919900000.00 4017100000.00 8687800000.00 -355600000.00 0.00 -355600000.00 169100000.00 14900000.00 184000000.00 0.00 -539600000.00 0.00 0.00 0.00 0.00 -539600000.00 -4300000.00 -543900000.00 0.00 0.00 0.00 0.00 1502600000.00 10 -3.58 -3.58 0.00 0.00 -3.58 -3.58 0.00 0.00 0.00 NOTES TO CONSOLIDATED FINANCIAL RESULTS: n n n1.tFor the quarter ended June 30, 2019, Profits before finance cost, depreciation and amortisation, tax, unrealised gain/loss on fair valuation of derivative contracts and unrealised exchange gain/loss is Rs. 273.87 crores (For quarter ended June 30, 2018 – Rs. 219.23 crores) and Rs. 360.77 crores (For quarter ended June 30, 2018 – Rs. 370.53 crores) at standalone and consolidated level, respectively. n n2.tThe consolidated results include effect of unrealised loss on fair valuation of derivative contracts amounting to Rs. 110.38 crores (included in item 4(e)), and unrealised exchange gain amounting to Rs. 10.59 crores for the quarter ended June 30, 2019, (included in item 4(f)). n n3.tPursuant to the approval of the Board of Directors for buyback of equity shares, the Company has bought back 5,18,521 equity shares of Rs. 10/- each during the quarter ended June 30, 2019. The total quantum utilised for the buyback upto June 30, 2019 is Rs. 13.88 crores. n nSubsequent to the end of the quarter, the Company has further bought back 214,291 equity shares. The total quantum utilised for the buyback after end of the quarter till date is Rs. 5.77 crores. n nAccordingly, the total buyback of the equity shares till the date of board meeting aggregates to 7,32,812 equity shares utilising an amount of Rs. 19.65 crores. n nAll the above shares, 7,32,812 equity shares have been extinguished subsequent to the end of quarter. Consequently, the subscribed and paid up equity share capital, as reduced by Rs. 0.73 crore, is Rs. 150.05 crores as on the date of Board meeting. n n4.tDuring the quarter under review, the Company delivered its 1994 built Very Large Gas Carrier named ‘Jag Vishnu’ to the buyers. n n5.tAsset cover available, in case of non-convertible debt securities: n nAs per the terms of issue of 2,400 Secured Redeemable Non-convertible Debentures of Rs. 10 lakhs each, the Company has created and maintained exclusive charge on ships (with 1.25 times cover on book value of ships) and additional security by way of mortgage on immovable property (redeemed subsequent to the end of the quarter). n nAs per the terms of issue of 4,500 Secured Redeemable Non-convertible Debentures of Rs. 10 lakhs each, the Company has created and maintained exclusive charge on ships (with 1.20 times cover on market value of ships) and additional security by way of mortgage on immovable property. n n6.tThe figures of the last quarter of the previous financial year are the balancing figures between the audited figures in respect of the full financial year and the year to date figures upto the third quarter of the previous financial year. n n7.tEffective April 1, 2019, the Company has adopted Ind AS 116, Leases, as a lessee, using modified retrospective approach with the right-to-use getting measured at an amount equal to the lease liability immediately before the date of initial application. Accordingly, the comparatives have not been retrospectively adjusted. From recognition and measurement perspective, the adoption of the standard did not have any material impact on these financial results. n n8.tThe above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 08, 2019. The Statutory Auditors of the Company have carried out a Limited Review of the results for the quarter ended June 30, 2019. n n9.tThe results for the quarter ended June 30, 2019, are available on the Bombay Stock Exchange website (URL:www.bseindia.com/corporates), the National Stock Exchange website (URL:www.nseindia.com/corporates) and on the Company website (URL: www.greatship.com/ financial_result.html n Consumption of spares and stores 661400000.00 Foreign exchange loss/(gain) (net) 50200000.00 Fuel, oil and water 1339500000.00 Net loss/(gain) due to change in fair value/settlement of derivative contracts (net) 607200000.00 Other expenses 851200000.00 Port, light and canal dues 507600000.00 Offshore 2016300000.00 Shipping 6383300000.00 67400000.00 Offshore -70600000.00 Shipping -469000000.00 0.00 0.00 Offshore 54481300000.00 Shipping 88033900000.00 0.00 Offshore 22180500000.00 Shipping 52781600000.00 0.00