GESHIP2023-01-012023-03-31 GESHIP2023-01-012023-03-31 GESHIP2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member GESHIP2023-01-012023-03-31in-bse-fin:OneOperatingExpenses02Member GESHIP2023-01-012023-03-31in-bse-fin:OneOperatingExpenses03Member GESHIP2023-01-012023-03-31in-bse-fin:OneOperatingExpenses04Member GESHIP2023-01-012023-03-31in-bse-fin:OneOperatingExpenses05Member GESHIP2023-01-012023-03-31in-bse-fin:OneOperatingExpenses06Member GESHIP2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member GESHIP2023-01-012023-03-31in-bse-fin:FourOperatingExpenses02Member GESHIP2023-01-012023-03-31in-bse-fin:FourOperatingExpenses03Member GESHIP2023-01-012023-03-31in-bse-fin:FourOperatingExpenses04Member GESHIP2023-01-012023-03-31in-bse-fin:FourOperatingExpenses05Member GESHIP2023-01-012023-03-31in-bse-fin:FourOperatingExpenses06Member GESHIP2023-03-31 GESHIP2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GESHIP2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500620 GESHIP NA The Great Eastern Shipping Company Limited Equity 2022-04-01 2023-03-31 2023-05-12 2023-05-02 INR Crores Yearly 10:30:00 15:50:00 2023-05-12 2023-05-12 true Cash Flow Indirect Declaration of unmodified opinion Single segment Shipping 2023-01-01 2023-03-31 Audited Standalone 12134100000.00 545500000.00 12679600000.00 0.00 0.00 0.00 1337300000.00 573300000.00 1037800000.00 3266400000.00 6214800000.00 6464800000.00 0.00 6464800000.00 110000000.00 31600000.00 141600000.00 0.00 6323200000.00 0.00 0.00 0.00 0.00 6323200000.00 -116800000.00 6206400000.00 0.00 0.00 1427700000.00 10 44.29 44.20 0.00 0.00 44.29 44.20 0.00 0.02 Please note interest service coverage ratio for the quarter ended March 31, 2023 is 14.09 and for the year ended March 31, 2023 is 11.95 2.The Company is engaged only in shipping business segment and there are no separate reportable segments as per Ind AS 108, 'Operating Segments'. 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 a fourth interim dividend of Rs. 9.00 per equity share of Rs.10/- each. The outgo on this account is Rs. 128.49 crores. The Company had declared and paid three interim dividends aggregating to Rs. 19.80 per equity share of Rs.10/- each during the year. The outgo on this account was Rs. 282.67 crores. The Board of Directors has decided that there will be no final dividend for the Financial Year ended March 31, 2023. The total dividend declared for the year aggregates to Rs. 28.80 per equity share. The total outgo on this account will be Rs. 411.16 crores. 5.Subsequent to the quarter under review, the Company contracted to sell its 2004 built Aframax Crude Carrier Jag Lavanya to be delivered in the first quarter of Financial Year 2023-24. 6.The figures of last quarter are the balancing figures between audited figures in respect of full financial year and the published year to date figures up to the third quarter, and there are no material adjustments made in the results of the quarter ended March 31, 2023 which pertains to earlier periods. These have been subjected to limited review by the statutory auditors. 7.The above financial results have been reviewed by the Audit Committee at their meeting held on May 11, 2023 and approved by the Board of Directors at their meetings held on May 12, 2023. The Statutory Auditors report does not have any qualifications/ modifications. The financial results for the quarter and year ended have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder. 8.The results for the quarter and year ended March 31, 2023, 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). 9.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. As per the terms of issue of 15,500 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. For The Great Eastern Shipping Co. ltd. ( K. M. Sheth) Chairman Place: Mumbai Date: 12.05.2023 Single segment 2022-04-01 2023-03-31 Audited Standalone 48348200000.00 2613600000.00 50961800000.00 0.00 0.00 0.00 5053400000.00 2592000000.00 4500900000.00 14929600000.00 27075900000.00 23885900000.00 0.00 23885900000.00 280000000.00 85800000.00 365800000.00 0.00 23520100000.00 0.00 0.00 0.00 0.00 23520100000.00 -434200000.00 23085900000.00 0.00 0.00 1427700000.00 10 0.00 164.74 164.41 0.00 0.00 164.74 164.41 0.00 0.03 Consumption of spares and stores 561400000.00 Foreign exchange (gain)/loss,(net) 163600000.00 Fuel oil and water 1182200000.00 Net (gain)/loss due to change in fair value / settlement of derivative contracts (net) -128400000.00 Other Expenses 1156100000.00 Port, light and canal dues 331500000.00 Consumption of spares and stores 1706300000.00 Foreign exchange (gain)/loss,(net) -1558700000.00 Fuel oil and water 5848700000.00 Net (gain)/loss due to change in fair value / settlement of derivative contracts (net) 898300000.00 Other Expenses 6185500000.00 Port, light and canal dues 1849500000.00 51399500000.00 270300000.00 0.00 0.00 57900000.00 0.00 0.00 0.00 16896400000.00 0.00 0.00 506100000.00 17402500000.00 0.00 1045100000.00 70175300000.00 1100000000.00 12678900000.00 4437300000.00 23171300000.00 5973800000.00 0.00 1580200000.00 47841500000.00 0.00 1146300000.00 50087800000.00 0.00 0.00 120263100000.00 1427700000.00 83774800000.00 85202500000.00 85202500000.00 22222900000.00 0.00 2476500000.00 24699400000.00 272900000.00 260300000.00 0.00 0.00 25232600000.00 3086600000.00 2710900000.00 3079500000.00 8877000000.00 535900000.00 161700000.00 253400000.00 0.00 9828000000.00 0.00 0.00 35060600000.00 120263100000.00 2592000000.00 293700000.00 -2141500000.00 0.00 0.00 0.00 0.00 0.00 0.00 300000.00 0.00 5000000.00 0.00 4500900000.00 0.00 0.00 0.00 0.00 0.00 -193200000.00 0.00 713500000.00 0.00 161200000.00 0.00 -1056400000.00 0.00 22200000.00 0.00 3470700000.00 27356600000.00 0.00 0.00 0.00 366200000.00 0.00 26990400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2661700000.00 3689700000.00 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 582400000.00 0.00 1257700000.00 0.00 812100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9729700000.00 0.00 0.00 3597700000.00 2192200000.00 0.00 -708300000.00 -16227900000.00 11574600000.00 438500000.00 12013100000.00 11158200000.00 23171300000.00 Items that will not be reclassified to Profit or Loss -69800000.00 Items that will not be reclassified to Profit or Loss -40500000.00 -69800000.00 -40500000.00 0.00 0.00 Items that will be reclassified as to Profit or Loss -47000000.00 Items that will be reclassified as to Profit or Loss -393700000.00 -47000000.00 -393700000.00 0.00 0.00