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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">NOTES TO FINANCIAL RESULTS:            1.The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on July 29, 2021. The Statutory Auditors of the Company have carried out a limited review of the results for the quarter ended June 30, 2021.   2.The above is an extract of the detailed format of the financial results for the quarter ended on June 30, 2021 filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015.   3.The shipping and offshore operations of the Group have continued albeit with certain challenges due to restrictions/lockdowns following Covid 19 outbreak. The challenges mainly include travel restrictions on Indian seafarers and inefficient routing of vessels for crew changes, leading to additional costs.  The Company has considered the possible effects that may result from the covid 19 pandemic in preparation of these financial results, including recoverability of assets, and expects their carrying amounts to be recoverable. The impact of COVID-19 may be different from that estimated as at the date of approval of  these financial results.   4.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.   5.The full format of the results for the quarter ended June 30, 2021, 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).</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
<in-bse-fin:DescriptionOfOtherExpenses contextRef="OneOperatingExpenses01D">Consumption of spares and stores</in-bse-fin:DescriptionOfOtherExpenses>
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<in-bse-fin:DescriptionOfOtherExpenses contextRef="OneOperatingExpenses02D">Foreign exchange (gain)/loss, (net)</in-bse-fin:DescriptionOfOtherExpenses>
<in-bse-fin:OtherExpenses contextRef="OneOperatingExpenses02D" unitRef="INR" decimals="-5">-3015000.00</in-bse-fin:OtherExpenses>
<in-bse-fin:DescriptionOfOtherExpenses contextRef="OneOperatingExpenses03D">Fuel oil and water</in-bse-fin:DescriptionOfOtherExpenses>
<in-bse-fin:OtherExpenses contextRef="OneOperatingExpenses03D" unitRef="INR" decimals="-5">10917000.00</in-bse-fin:OtherExpenses>
<in-bse-fin:DescriptionOfOtherExpenses contextRef="OneOperatingExpenses04D">Net(gain)/loss due to change in fair value/ settlement of derivative contracts</in-bse-fin:DescriptionOfOtherExpenses>
<in-bse-fin:OtherExpenses contextRef="OneOperatingExpenses04D" unitRef="INR" decimals="-5">2556000.00</in-bse-fin:OtherExpenses>
<in-bse-fin:DescriptionOfOtherExpenses contextRef="OneOperatingExpenses05D">Other expenses</in-bse-fin:DescriptionOfOtherExpenses>
<in-bse-fin:OtherExpenses contextRef="OneOperatingExpenses05D" unitRef="INR" decimals="-5">7814000.00</in-bse-fin:OtherExpenses>
<in-bse-fin:DescriptionOfOtherExpenses contextRef="OneOperatingExpenses06D">Port ,light and canal dues</in-bse-fin:DescriptionOfOtherExpenses>
<in-bse-fin:OtherExpenses contextRef="OneOperatingExpenses06D" unitRef="INR" decimals="-5">4527000.00</in-bse-fin:OtherExpenses>
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