5006202022-07-012022-09-305006202022-09-305006202022-03-315006202022-04-012022-09-305006202022-07-012022-09-30in-bse-fin:OtherExpenses1Member5006202022-07-012022-09-30in-bse-fin:OtherExpenses2Member5006202022-07-012022-09-30in-bse-fin:OtherExpenses3Member5006202022-07-012022-09-30in-bse-fin:OtherExpenses4Member5006202022-07-012022-09-30in-bse-fin:OtherExpenses5Member5006202022-07-012022-09-30in-bse-fin:OtherExpenses6Member5006202022-04-012022-09-30in-bse-fin:OtherExpenses1Member5006202022-04-012022-09-30in-bse-fin:OtherExpenses2Member5006202022-04-012022-09-30in-bse-fin:OtherExpenses3Member5006202022-04-012022-09-30in-bse-fin:OtherExpenses4Member5006202022-04-012022-09-30in-bse-fin:OtherExpenses5Member5006202022-04-012022-09-30in-bse-fin:OtherExpenses6Member5006202022-07-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15006202022-04-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15006202022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15006202022-04-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares500620GESHIPNAINE017A01032The Great Eastern Shipping Company LimitedEquity2022-04-012023-03-312022-11-112022-11-01INRCroresHalf yearlySingle segmentShipping2022-11-1117:45:002022-11-1120:50:00trueCash Flow IndirectNot applicable2022-07-012022-09-30UnauditedStandalone1245360000015671000001402070000000012492000006656000001146800000398800000070496000006971100000069711000005500000039700000947000000687640000000006876400000-34630000065301000000014277000001048.1648.070048.1648.070.0040.0356Pls note interest service coverage ratio for the qtr ended september 30, 2022 is 13.20 and for half year ended is 10.82 <BR> 2.The Company is engaged only in shipping business segment and there are no separate reportable segments as per Ind AS 108, 'Operating Segments'. <BR> 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. <BR> 4.The Board of Directors has declared a second interim dividend of Rs. 7.20 per equity share of Rs.10/- each. The outgo on this account is Rs. 102.79 crores. <BR> The Company had declared and paid a first interim dividend of Rs. 5.40 per equity share of Rs.10/- each during the year. The outgo on this account was Rs. 77.09 crores. <BR> The total interim dividends for the year declared aggregates to Rs. 12.60 per equity share. The total outgo on this account will be Rs. 179.88 crores. <BR> 5.During the quarter under review, the Company undertook the following transactions: <BR> -sold and delivered its 1997 built Midsize Gas Carrier Jag Vijaya. <BR> -Sold and delivered its 2006 built Aframax Crude Carrier Jag Lyall. <BR> 6.The foreign exchange (gain)/loss for the respective periods is recognised as under: <BR> (Rs. in crores) <BR> <BR> <BR> * As per para 6(e) of Ind AS 23, Borrowing Costs, and in the manner of arriving at the adjustment given in para 6A of the said standard, the exchange difference arising from foreign currency borrowings is adjusted to the Finance Cost. <BR> <BR> 2022-04-012022-09-30UnauditedStandalone24086300000158330000025669600000000250800000013804000002288500000822200000014398900000112707000000112707000009000000020600000110600000011160100000000011160100000-329400000108307000000014277000001078.1778.020078.1778.020.0040.0242Fuel, oil and water1551300000Port, light and canal dues432100000Consumption of spares and stores380600000Net (gain)/loss due to change in fair value / settlement of derivative contracts (net)225700000Foreign Exchange (gain)/loss,(net)-633400000Other Expenses2031700000Fuel, oil and water3225500000Port, light and canal dues999900000Consumption of spares and stores781000000Net (gain)/loss due to change in fair value / settlement of derivative contracts (net)854900000Foreign Exchange (gain)/loss,(net)-1294000000Other Expenses36547000005183100000027920000000130000011900000001676720000000235700000170029000000780000000699063000001698400000125802000004162600000255931000001167000000173770000044190300000017772000004766590000000117572200000142770000073575400000750031000007500310000026953900000035797000003053360000029110000019510000000310198000003190300000360790000035048000001030300000080310000019240000025080000001154930000000425691000001175722000007. Pursuant to the approval of the Board of Directors for buyback of equity shares, for an amount aggregating up to Rs. 225 crores (excluding tax on buyback), the Company has bought back 41,99,323 equity shares of Rs. 10/- each during the year ended March 31, 2022. The total quantum utilised for the buyback upto July 06, 2022 i.e, the closure date of the buy-back is Rs. 133.23 crores (excluding tax on buyback) which is 59.21% of the maximum buyback size. The Company could not utilize the Maximum Buyback Size as the share price quoted on the stock exchanges has remained above the Maximum Buyback Price of Rs. 333 per share since March 30, 2022. All the equity shares bought back have been extinguished. Consequently, Subscribed and Paid-up Capital of the Company, as reduced by Rs. 4.20 crores, now stands at Rs. 142.77 crores as on as on the date of Board Meeting. The premium paid on buyback of the equity shares has been appropriated from General Reserve Account. <BR> <BR> <BR> 8.The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 11, 2022. The Statutory Auditors of the Company have carried out a Limited Review of the results for the quarter and half year ended September 30, 2022. <BR> 9.The results for the quarter and half year ended September 30, 2022, 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). <BR> 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: <BR> <BR> (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. <BR> <BR> As per the terms of issue of 17,500 Unsecured Redeemable Non-convertible Debentures of Rs. 10 lakhs each, the Company has maintained unencumbered assets (including cash and cash equivalents) of market value not less than outstanding face value amount of these debentures. <BR> 1380400000-30470000000-255890000000009112000000655900000022884000000000000210200000000-1696600000-94760000012944000000812300000120830000000001600000000119230000000000000026588000001630700000000000000000000000315400000069938000008337300000000000000479810000000154190000010165000000404600000-6951900000133084000001126500000144349000001115820000025593100000Items that will not be reclassified to Profit or Loss2250000022500000Items that will not be reclassified to Profit or Loss412000004120000000Items that will be reclassified as to Profit or Loss-368800000-368800000Items that will be reclassified as to Profit or Loss-370600000-37060000000