GESHIP2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member GESHIP2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member GESHIP2019-10-012019-12-31in-bse-fin:OneOperatingExpenses03Member GESHIP2019-10-012019-12-31in-bse-fin:OneOperatingExpenses04Member GESHIP2019-10-012019-12-31in-bse-fin:OneOperatingExpenses05Member GESHIP2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member GESHIP2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member GESHIP2019-10-012019-12-31in-bse-fin:FourOperatingExpenses03Member GESHIP2019-10-012019-12-31in-bse-fin:FourOperatingExpenses04Member GESHIP2019-10-012019-12-31in-bse-fin:FourOperatingExpenses05Member GESHIP2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue01Member GESHIP2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue02Member GESHIP2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue01Member GESHIP2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue02Member GESHIP2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults01Member GESHIP2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults02Member GESHIP2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults01Member GESHIP2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults02Member GESHIP2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets01Member GESHIP2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets02Member GESHIP2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member GESHIP2019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member GESHIP2019-10-012019-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2019-10-012019-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2019-10-012019-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GESHIP2019-10-012019-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares GESHIP 2019-04-01 2020-03-31 2020-02-04 INR Crores Third quarter Multi segment 2019-10-01 2019-12-31 Unaudited Consolidated 10773500000.00 934800000.00 11708300000.00 0.00 0.00 0.00 1740000000.00 1081900000.00 1883800000.00 3589600000.00 8295300000.00 3413000000.00 0.00 3413000000.00 30900000.00 75000000.00 105900000.00 0.00 3307100000.00 0.00 0.00 0.00 0.00 3307100000.00 118700000.00 3425800000.00 0.00 0.00 0.00 0.00 1469700000.00 10 22.44 22.40 0.00 0.00 22.44 22.40 NOTES TO CONSOLIDATED FINANCIAL RESULTS: n n1.tDuring the quarter under review, the Company contracted to sell and delivered a Suezmax Crude Carrier named Jag Lakshita built in 2000. n n2.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 nine months ended December 31, 2019 accordingly. n n3.tPursuant to the approval of the Board of Directors for buyback of equity shares, the Company has bought back 38,10,581 equity shares of Rs. 10/- each at an average price of Rs.262.27 per share aggregating to Rs. 99.94 crores as against Rs. 100 crores sanctioned by the Board of Directors and has extinguished the said shares as at December 31, 2019. n nThe nominal value of the equity shares bought back and extinguished has been reduced from the paid-up share capital. Consequently, Subscribed and Paid-up Capital of the Company, as reduced by Rs. 3.81 crores, now stands at Rs. 146.97 crores as on December 31, 2019. The premium paid on buyback of the equity shares has been appropriated from Securities Premium Account and General Reserve Account. n n4.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 n5.tAs 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 above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 12, 2020. The Statutory Auditors of the Company have carried out a Limited Review of the financial results for the quarter and nine months ended December 31, 2019. n n7.tThe results for the quarter ended December 31, 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). Multi segment 2019-04-01 2019-12-31 Unaudited Consolidated 26774800000.00 2202000000.00 28976800000.00 0.00 0.00 0.00 5189300000.00 3510300000.00 5734800000.00 11583200000.00 26017600000.00 2959200000.00 0.00 2959200000.00 181000000.00 200000000.00 381000000.00 0.00 2578200000.00 0.00 0.00 0.00 0.00 2578200000.00 246800000.00 2825000000.00 0.00 0.00 0.00 0.00 1469700000.00 10 17.28 17.25 0.00 0.00 17.28 17.25 Consumption of spares and stores 682500000.00 Fuel, oil and water 1376800000.00 Net(gain)/loss due to chane in fair value/settlement of derivative contracts -54700000.00 Other Expenses 907500000.00 Port, Light and canal dues 677500000.00 Consumption of spares and stores 1916100000.00 Fuel, oil and water 4025000000.00 Net(gain)/loss due to chane in fair value/settlement of derivative contracts 1349100000.00 Other Expenses 2594300000.00 Port, Light and canal dues 1698700000.00 Offshore 2316800000.00 Shipping 9456500000.00 Offshore 6552000000.00 Shipping 22628600000.00 11773300000.00 29180600000.00 65000000.00 203800000.00 11708300000.00 28976800000.00 Offshore -47800000.00 Shipping 3354900000.00 Offshore -234100000.00 Shipping 2812300000.00 3307100000.00 2578200000.00 3307100000.00 2578200000.00 Offshore 52419000000.00 Shipping 82873400000.00 135292400000.00 Offshore 20129900000.00 Shipping 46161200000.00 66291100000.00