GESHIP2023-07-012023-09-30 GESHIP2023-07-012023-09-30 GESHIP2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member GESHIP2023-07-012023-09-30in-bse-fin:OneOperatingExpenses02Member GESHIP2023-07-012023-09-30in-bse-fin:OneOperatingExpenses03Member GESHIP2023-07-012023-09-30in-bse-fin:OneOperatingExpenses04Member GESHIP2023-07-012023-09-30in-bse-fin:OneOperatingExpenses05Member GESHIP2023-07-012023-09-30in-bse-fin:OneOperatingExpenses06Member GESHIP2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member GESHIP2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member GESHIP2023-07-012023-09-30in-bse-fin:FourOperatingExpenses03Member GESHIP2023-07-012023-09-30in-bse-fin:FourOperatingExpenses04Member GESHIP2023-07-012023-09-30in-bse-fin:FourOperatingExpenses05Member GESHIP2023-07-012023-09-30in-bse-fin:FourOperatingExpenses06Member GESHIP2023-09-30 GESHIP2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GESHIP2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GESHIP2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500620 GESHIP NA The Great Eastern Shipping Company Limited Equity 2023-04-01 2024-03-31 2023-10-27 2023-10-19 INR Crores Half yearly 16:30:00 19:30:00 2023-10-27 2023-10-27 true Cash Flow Indirect Not applicable Single segment Shipping 2023-07-01 2023-09-30 Unaudited Standalone 9724500000.00 2090700000.00 11815200000.00 0.00 0.00 0.00 1496600000.00 531700000.00 1186400000.00 3089900000.00 6304600000.00 5510600000.00 0.00 5510600000.00 120000000.00 35100000.00 155100000.00 0.00 5355500000.00 0.00 0.00 0.00 0.00 5355500000.00 -35100000.00 5320400000.00 0.00 0.00 1427700000.00 10 37.51 37.44 0.00 0.00 37.51 37.44 0.00 Please note interest service coverage ratio for the quarter and half year ended September 30, 2023 is 13.60 and 14.33 respectively and Debt Service Coverage Ratio for the quarter and half year ended September 30, 2023 is 10.71 and 11.07 respectively . 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 Board of Directors has declared a second interim dividend of Rs. 6.30 per share of Rs.10/- each. The outgo on this account is Rs. 89.94 crores. The Company had declared and paid a first interim dividend of Rs. 12.90 per equity share of Rs.10/- each during the year. The outgo on this account was Rs. 184.17 crores. The total interim dividends for the year declared aggregates to Rs. 19.20 per equity share. The total outgo on this account will be Rs. 274.11 crores. 4.During the quarter under review, the Company undertook the following transactions: -sold and delivered its 2004 built Aframax Crude Carrier Jag Lavanya. -contracted to buy a Secondhand Medium Range Product Tanker built in 2008 and has taken delivery in third quarter of Financial Year 2023-24. -contracted to sell its 2006 built Supramax Dry Bulk Carrier Jag Rohan which has been delivered in the third quarter of Financial Year 2023-24. Subsequent to the quarter under review, the Company has contracted to buy a Secondhand Kamsarmax Dry Bulk Carrier built in 2014 to be delivered in third quarter of Financial Year 2023-24. 5.The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 27, 2023. The Statutory Auditors of the Company have carried out a Limited Review of the results for the quarter and half year ended September 30, 2023. Single segment 2023-04-01 2023-09-30 Unaudited Standalone 20137500000.00 2767300000.00 22904800000.00 0.00 0.00 0.00 2924000000.00 1025100000.00 2319100000.00 5293300000.00 11561500000.00 11343300000.00 0.00 11343300000.00 320000000.00 4900000.00 324900000.00 0.00 11018400000.00 0.00 0.00 0.00 0.00 11018400000.00 78400000.00 11096800000.00 0.00 0.00 1427700000.00 10 77.18 77.02 0.00 0.00 77.18 77.02 0.00 Consumption of spares and stores 473000000.00 Foreign exchange (gain)/loss,(net) -372600000.00 Fuel, oil and water 1244100000.00 Net (gain)/loss due to change in fair value / settlement of derivative contracts (net) 241900000.00 Other Expenses 1076700000.00 Port, light and canal dues 426800000.00 Consumption of spares and stores 961700000.00 Foreign exchange (gain)/loss,(net) -412500000.00 Fuel, oil and water 2210300000.00 Net (gain)/loss due to change in fair value / settlement of derivative contracts (net) -424600000.00 Other Expenses 2124100000.00 Port, light and canal dues 834300000.00 49365000000.00 175600000.00 0.00 0.00 51600000.00 32000000.00 0.00 0.00 16780700000.00 0.00 0.00 151300000.00 16932000000.00 0.00 1135000000.00 67691200000.00 1630600000.00 13537500000.00 3122600000.00 29710300000.00 8821600000.00 0.00 1961200000.00 57153200000.00 0.00 1571800000.00 60355600000.00 439000000.00 0.00 128485800000.00 1427700000.00 91745000000.00 93172700000.00 93172700000.00 20460400000.00 0.00 3168800000.00 23629200000.00 297600000.00 265200000.00 0.00 0.00 24192000000.00 4594300000.00 3033600000.00 2612100000.00 10240000000.00 301300000.00 275000000.00 304800000.00 0.00 11121100000.00 0.00 0.00 35313100000.00 128485800000.00 6.The results for the quarter and half year ended September 30, 2023, are available on BSE Ltd. website (URL:www.bseindia.com/corporates), on National Stock Exchange of India Ltd. website (URL:www.nseindia.com/corporates) and on the Company website (URL:www.greatship.com/ financial_result.html). 7.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: 27.10.2023 1025100000.00 -530600000.00 399700000.00 0.00 0.00 0.00 0.00 0.00 0.00 532200000.00 0.00 325800000.00 0.00 2319100000.00 0.00 0.00 0.00 0.00 0.00 -847700000.00 0.00 901100000.00 0.00 40400000.00 0.00 -2361700000.00 0.00 27400000.00 0.00 28600000.00 11371900000.00 0.00 0.00 0.00 294300000.00 0.00 11077600000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2094100000.00 1534300000.00 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 719400000.00 0.00 -2612300000.00 0.00 -1333100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 301100000.00 0.00 0.00 3126600000.00 1029400000.00 0.00 488800000.00 -3968300000.00 5776200000.00 762800000.00 6539000000.00 23171300000.00 29710300000.00 Items that will not be reclassified to Profit or Loss -76100000.00 Items that will not be reclassified to Profit or Loss 17600000.00 -76100000.00 17600000.00 0.00 0.00 Items that will be reclassified as to Profit or Loss 41000000.00 Items that will be reclassified as to Profit or Loss 60800000.00 41000000.00 60800000.00 0.00 0.00