GESHIP2020-07-012020-09-30in-bse-fin:OneOperatingExpenses01Member GESHIP2020-07-012020-09-30in-bse-fin:OneOperatingExpenses02Member GESHIP2020-07-012020-09-30in-bse-fin:OneOperatingExpenses03Member GESHIP2020-07-012020-09-30in-bse-fin:OneOperatingExpenses04Member GESHIP2020-07-012020-09-30in-bse-fin:OneOperatingExpenses05Member GESHIP2020-07-012020-09-30in-bse-fin:OneOperatingExpenses06Member GESHIP2020-07-012020-09-30in-bse-fin:FourOperatingExpenses01Member GESHIP2020-07-012020-09-30in-bse-fin:FourOperatingExpenses02Member GESHIP2020-07-012020-09-30in-bse-fin:FourOperatingExpenses03Member GESHIP2020-07-012020-09-30in-bse-fin:FourOperatingExpenses04Member GESHIP2020-07-012020-09-30in-bse-fin:FourOperatingExpenses05Member GESHIP2020-07-012020-09-30in-bse-fin:FourOperatingExpenses06Member GESHIP2020-07-012020-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2020-07-012020-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2020-07-012020-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GESHIP2020-07-012020-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares GESHIP 2020-04-01 2021-03-31 2020-10-20 INR Crores Half yearly true Cash Flow Indirect Single segment Shipping 2020-07-01 2020-09-30 Unaudited Standalone 5990400000.00 245400000.00 6235800000.00 0.00 0.00 0.00 1096600000.00 630100000.00 1085600000.00 1182100000.00 3994400000.00 2241400000.00 0.00 2241400000.00 90000000.00 -8200000.00 81800000.00 0.00 2159600000.00 0.00 0.00 0.00 0.00 2159600000.00 -159100000.00 2000500000.00 0.00 0.00 1469700000.00 10 14.69 14.67 0.00 0.00 14.69 14.67 0.00 0.00 0.00 2. The shipping and offshore operations of the Group have continued, albeit with some disruptions and additional cost due to COVID 19. Operational challenges including movement of manpower and materials are being appropriately addressed by the Management. nOffshore assets under term contracts with reputed customers continue to operate as per original contracts. For shipping, the impact of COVID-19 pandemic has been different across different types of assets. The volatility of freight rates has been higher than usual in some cases, but ships have continued to be deployed. Such temporary higher volatility in the market has not materially impacted estimates of long-term rates considered in assessing recoverable amounts of the property, plant and equipment. The possible effects from the pandemic on the carrying amounts of receivables and unbilled revenues have been assessed, and carrying amounts of such assets are expected to be fully recoverable. The Group has adequate resources to meet its financial obligations in the foreseeable future. nThe impact of COVID-19 may differ from that estimated as at the date of approval of these financial results. n3. The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective. n4. During the quarter under review, the Company undertook the following transactions : n- contracted to sell its 1996 built Very Large Gas Carrier named ‘Jag Vidhi’ and delivered it subsequent to the end of the quarter. n- contracted to buy a second-hand Very Large Gas Carrier built in 2002 renamed ‘Jag Vishnu’ and took delivery subsequent to the end of the quarter. n- contracted to buy a second-hand Long Range 2 Product Carrier built in 2012 (to be renamed ‘Jag Lara’) for delivery in third quarter of Financial Year 2020-21. n5. Information pursuant to Regulation 52(4) of the Listing Regulations are given in Annexure A. n6. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 29, 2020. 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, 2020. These results have been prepared in accordance with the Indian Accounting Standard (referred to as “Ind AS”) 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time. n7. The results for the quarter ended September 30, 2020, 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 Single segment 2020-04-01 2020-09-30 Unaudited Standalone 15045100000.00 757600000.00 15802700000.00 0.00 0.00 0.00 2286800000.00 1259800000.00 2245200000.00 2982700000.00 8774500000.00 7028200000.00 0.00 7028200000.00 140000000.00 75900000.00 215900000.00 0.00 6812300000.00 0.00 0.00 0.00 0.00 6812300000.00 -85200000.00 6727100000.00 0.00 0.00 1469700000.00 10 46.35 46.26 0.00 0.00 46.35 46.26 0.01 0.05 0.08 Consumption of spares and stores 383800000.00 Foreign Exchange loss (net) 195200000.00 Fuel oil and water 718500000.00 Net (gain) due to change in fair value/settlement of derivative contracts (net) -1085400000.00 Other Expenses 620400000.00 Port, light and canal dues 349600000.00 Consumption of spares and stores 803600000.00 Foreign Exchange loss (net) 233900000.00 Fuel oil and water 1718300000.00 Net (gain) due to change in fair value/settlement of derivative contracts (net) -1769400000.00 Other Expenses 1284500000.00 Port, light and canal dues 711800000.00