GESHIP2021-07-012021-09-30in-bse-fin:OneOperatingExpenses01Member GESHIP2021-07-012021-09-30in-bse-fin:OneOperatingExpenses02Member GESHIP2021-07-012021-09-30in-bse-fin:OneOperatingExpenses03Member GESHIP2021-07-012021-09-30in-bse-fin:OneOperatingExpenses04Member GESHIP2021-07-012021-09-30in-bse-fin:OneOperatingExpenses05Member GESHIP2021-07-012021-09-30in-bse-fin:OneOperatingExpenses06Member GESHIP2021-07-012021-09-30in-bse-fin:OneOperatingExpenses07Member GESHIP2021-07-012021-09-30in-bse-fin:FourOperatingExpenses01Member GESHIP2021-07-012021-09-30in-bse-fin:FourOperatingExpenses02Member GESHIP2021-07-012021-09-30in-bse-fin:FourOperatingExpenses03Member GESHIP2021-07-012021-09-30in-bse-fin:FourOperatingExpenses04Member GESHIP2021-07-012021-09-30in-bse-fin:FourOperatingExpenses05Member GESHIP2021-07-012021-09-30in-bse-fin:FourOperatingExpenses06Member GESHIP2021-07-012021-09-30in-bse-fin:FourOperatingExpenses07Member GESHIP2021-07-012021-09-30in-bse-fin:OneReportableSegmentRevenue01Member GESHIP2021-07-012021-09-30in-bse-fin:OneReportableSegmentRevenue02Member GESHIP2021-07-012021-09-30in-bse-fin:FourReportableSegmentRevenue01Member GESHIP2021-07-012021-09-30in-bse-fin:FourReportableSegmentRevenue02Member GESHIP2021-07-012021-09-30in-bse-fin:OneReportableSegmentResults01Member GESHIP2021-07-012021-09-30in-bse-fin:OneReportableSegmentResults02Member GESHIP2021-07-012021-09-30in-bse-fin:FourReportableSegmentResults01Member GESHIP2021-07-012021-09-30in-bse-fin:FourReportableSegmentResults02Member GESHIP2021-07-012021-09-30in-bse-fin:OneReportableSegmentAssets01Member GESHIP2021-07-012021-09-30in-bse-fin:OneReportableSegmentAssets02Member GESHIP2021-07-012021-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2021-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GESHIP2021-07-012021-09-30in-bse-fin:OneReportableSegmentLiabilities02Member GESHIP2021-09-30in-bse-fin:OneReportableSegmentLiabilities02Member GESHIP2021-07-012021-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2021-07-012021-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2021-07-012021-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GESHIP2021-07-012021-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares GESHIP 2021-04-01 2022-03-31 2021-10-20 INR Crores Half yearly true Cash Flow Indirect Multi segment 2021-07-01 2021-09-30 Unaudited Consolidated 8850100000.00 677800000.00 9527900000.00 0.00 0.00 0.00 1756900000.00 847600000.00 1841300000.00 2842800000.00 7288600000.00 2239300000.00 0.00 2239300000.00 55500000.00 -46800000.00 8700000.00 0.00 2230600000.00 0.00 0.00 0.00 0.00 2230600000.00 52700000.00 2283300000.00 2230600000.00 0.00 2283300000.00 0.00 1469700000.00 10 15.18 15.15 0.00 0.00 15.18 15.15 0.01 0.02 0.06 2. 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. 3. 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. 4. The Board of Directors has declared an interim dividend aggregating to Rs. 4.50 per equity share of Rs.10/- each. The outgo on this account will be Rs. 66.13 crores. 5. During the quarter under review, the Company contracted to sell and delivered its 2003 built Aframax Crude Carrier “Jag Lata”. Multi segment 2021-04-01 2021-09-30 Unaudited Consolidated 16541900000.00 1149800000.00 17691700000.00 0.00 0.00 0.00 3580600000.00 1832300000.00 3635600000.00 6353700000.00 15402200000.00 2289500000.00 0.00 2289500000.00 146000000.00 -210700000.00 -64700000.00 0.00 2354200000.00 0.00 0.00 0.00 0.00 2354200000.00 309100000.00 2663300000.00 2354200000.00 0.00 2663300000.00 0.00 1469700000.00 10 16.02 15.99 0.00 0.00 16.02 15.99 0.01 0.01 0.04 Consumption of spares and stores 577600000.00 Foreign Exchange (gain)/loss,(net) -124600000.00 Fuel oil and water 1277800000.00 Impairment on certain assets 77400000.00 Net(gain)/ loss due to change in fair value/ settlement of derivative contracts (net) -353000000.00 Other Expenses 941000000.00 Port, light and canal dues 446600000.00 Consumption of spares and stores 1104800000.00 Foreign Exchange (gain)/loss,(net) -380300000.00 Fuel oil and water 2437600000.00 Impairment on certain assets 77400000.00 Net(gain)/ loss due to change in fair value/ settlement of derivative contracts (net) 139100000.00 Other Expenses 2071700000.00 Port, light and canal dues 903400000.00 Offshore 1664900000.00 Shipping 7930000000.00 Offshore 3108100000.00 Shipping 14720500000.00 9594900000.00 17828600000.00 67000000.00 136900000.00 9527900000.00 17691700000.00 Offshore -331500000.00 Shipping 2562100000.00 Offshore -886600000.00 Shipping 3240800000.00 2230600000.00 2354200000.00 0.00 0.00 0.00 7. During previous quarter and year ended March 31, 2021, a vessel viz. Greatship Rohini, of a subsidiary, suffered major damage due to fire on board the Vessel. Consequently, in the previous quarter and the year, the Group derecognised carrying amounts of damaged components of the vessel of Rs. 20.80 crore (included in Other Expense) and recognised impairment of Rs. 17.79 crores, based on evaluation and estimates of the management. The Company has notified the incident to the Hull & Machinery insurers as an insurance claim under the Hull & Machinery Policy of the Vessel and the claim is pending. Consequently, the insurance claim receivable is not recorded in the books of account. 8. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 29, 2021. The Statutory Auditors of the Company have carried out a Limited Review of the results for the quarter and half year ended September 30, 2021. 9. The results for the quarter ended September 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 10. Additional disclosures as per Clause 52(4) and Clause 54(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015: (a) As per the terms of issue of 6,000 Secured Redeemable Non-convertible Debentures of Rs. 10 lakhs each, the Company has created and maintained exclusive charge on ships (over 1.20 times cover on market value of ships) and additional security by way of mortgage on immovable property. 0.00 2230600000.00 2354200000.00 Offshore 45721200000.00 Shipping 93748500000.00 139469700000.00 0.00 139469700000.00 Offshore 15946300000.00 Shipping 45140100000.00 61086400000.00 0.00 61086400000.00 1832300000.00 -15500000.00 -324900000.00 0.00 0.00 0.00 0.00 0.00 0.00 -280000000.00 0.00 64500000.00 0.00 3635600000.00 77400000.00 0.00 0.00 0.00 0.00 -333200000.00 0.00 46900000.00 0.00 -1157000000.00 0.00 413800000.00 0.00 -28900000.00 0.00 3837200000.00 6126700000.00 0.00 0.00 0.00 132300000.00 0.00 5994400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1494800000.00 4032300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 193700000.00 0.00 5481600000.00 0.00 3137800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1623800000.00 4189000000.00 0.00 0.00 1322700000.00 1564500000.00 0.00 -979600000.00 -6432000000.00 2700200000.00 344100000.00 3044300000.00 17614700000.00 20659000000.00