GESHIP2019-07-012019-09-30in-bse-fin:OneOperatingExpenses01Member GESHIP2019-07-012019-09-30in-bse-fin:OneOperatingExpenses02Member GESHIP2019-07-012019-09-30in-bse-fin:OneOperatingExpenses03Member GESHIP2019-07-012019-09-30in-bse-fin:OneOperatingExpenses04Member GESHIP2019-07-012019-09-30in-bse-fin:OneOperatingExpenses05Member GESHIP2019-07-012019-09-30in-bse-fin:FourOperatingExpenses01Member GESHIP2019-07-012019-09-30in-bse-fin:FourOperatingExpenses02Member GESHIP2019-07-012019-09-30in-bse-fin:FourOperatingExpenses03Member GESHIP2019-07-012019-09-30in-bse-fin:FourOperatingExpenses04Member GESHIP2019-07-012019-09-30in-bse-fin:FourOperatingExpenses05Member GESHIP2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue01Member GESHIP2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue02Member GESHIP2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue01Member GESHIP2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue02Member GESHIP2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults01Member GESHIP2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults02Member GESHIP2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults01Member GESHIP2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults02Member GESHIP2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets01Member GESHIP2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets02Member GESHIP2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2019-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities02Member GESHIP2019-09-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares GESHIP 2019-04-01 2020-03-31 2019-10-25 INR Crores Half yearly Multi segment 2019-07-01 2019-09-30 Unaudited Consolidated 8175400000.00 815800000.00 8991200000.00 0.00 0.00 0.00 1744200000.00 1382700000.00 1931100000.00 4031400000.00 9089400000.00 -98200000.00 0.00 -98200000.00 32000000.00 59100000.00 91100000.00 0.00 -189300000.00 0.00 0.00 0.00 0.00 -189300000.00 132400000.00 -56900000.00 0.00 0.00 0.00 0.00 1479000000.00 10 -1.27 -1.27 0.00 0.00 -1.27 -1.27 0.00 0.00 0.00 2.tFor the quarter and half year ended September 30, 2019, the standalone profit before finance cost, depreciation and amortisation, tax, unrealised gain/loss on fair valuation of derivative contracts and unrealised exchange gain/loss is Rs. 241.42 crores and Rs. 515.30 crores, respectively, as against Rs. 175.40 crores and Rs. 394.62 crores for the corresponding periods of the previous year. Similarly, the consolidated profit after aforesaid adjustments for the quarter and half year ended September 30, 2019 is Rs. 339.35 crores and Rs. 700.13 crores, respectively, as against Rs. 330.13 crores and Rs. 700.66 crores for the corresponding periods of the previous year. n n3.tThe reported consolidated results include effect of unrealised loss on fair valuation of derivative contracts amounting to Rs. 67.39 crores and Rs. 177.76 crores for the quarter and half year ended September 30, 2019 respectively (included in item 4(e)), and unrealised exchange gain amounting to Rs. 49.60 crores and Rs. 60.19 crores for the quarter and half year ended September 30, 2019 respectively, (included in item 2(b)). n n4.tThe Parent Company has exercised the option of selecting the optimal tax rate under section 115BAA of the Income Tax Act, 1961 as introduced by the Taxation Laws (Amendment) Ordinance 2019. Pursuant thereto, it has recognised income tax expenses for the current quarter and half year ended September 30, 2019 accordingly. n n5.tPursuant to the approval of the Board of Directors for buyback of equity shares, the Company has bought back 28,79,926 equity shares of Rs. 10/- each during the half year ended September 30, 2019. The total quantum utilised for the buyback upto September 30, 2019 is Rs. 72.19 crores as against Rs. 100 crores sanctioned by the Board of Directors. n nSubsequent to the end of the quarter, the Company has further bought back 3,04,888 equity shares. The total quantum utilised for the buyback after end of the quarter till date is Rs. 8.87 crores. n nAccordingly, the total buyback of the equity shares till the date of board meeting aggregates to 31,84,814 equity shares utilising an amount of Rs. 81.06 crores. n nOf the above shares, 29,01,350 equity shares have been extinguished till date. Consequently, the subscribed and paid up equity share capital, as reduced by Rs. 2.90 crore, is Rs. 147.88 crores as on the date of Board meeting. n n6.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 n7.tInformation pursuant to Regulation 52(4) of the Listing Regulations are given in Annexure A. n n8.tThe above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 08, 2019. The Statutory Auditors of the Company have carried out a Limited Review of the financial results for the quarter and half year ended September 30, 2019. The Standalone and Consolidated unaudited statement of cash flows for the six months ended September 30, 2018 has not been reviewed by the Statutory Auditors. n n9.tThe results for the quarter ended September 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 n nFor The Great Eastern Shipping Co. Ltd. n( K. M. Sheth ) nChairman nPlace: Mumbai nDate: 08.11.2019 2019-04-01 2019-09-30 Unaudited Consolidated 16001300000.00 1267200000.00 17268500000.00 0.00 0.00 0.00 3449300000.00 2428400000.00 3851000000.00 7993600000.00 17722300000.00 -453800000.00 0.00 -453800000.00 150100000.00 125000000.00 275100000.00 0.00 -728900000.00 0.00 0.00 0.00 0.00 -728900000.00 128100000.00 -600800000.00 0.00 0.00 0.00 0.00 1479000000.00 10 -4.86 -4.86 0.00 0.00 -4.86 -4.86 0.01 0.01 0.02 Consumption of spares and stores 572200000.00 Fuel oil and water 1308700000.00 Net loss due to change in fair value/ settlement of derivative contracts (net) 796600000.00 Other expenses 840300000.00 Port, light and canal dues 513600000.00 Consumption of spares and stores 1233600000.00 Fuel oil and water 2648200000.00 Net loss due to change in fair value/ settlement of derivative contracts (net) 1403800000.00 Other expenses 1686800000.00 Port, light and canal dues 1021200000.00 Offshore 2216700000.00 Shipping 6845900000.00 Offshore 4235200000.00 Shipping 13172100000.00 9062600000.00 17407300000.00 71400000.00 138800000.00 8991200000.00 17268500000.00 Offshore -115700000.00 Shipping -73600000.00 Offshore -186300000.00 Shipping -542600000.00 -189300000.00 -728900000.00 0.00 0.00 0.00 0.00 -189300000.00 -728900000.00 Offshore 53310800000.00 Shipping 81519100000.00 134829900000.00 Offshore 21022700000.00 Shipping 47953900000.00 68976600000.00