Great Eastern Shipping Company Ltd Share Price – NSE  / BSE

Shipping, Small Cap

Great Eastern Shipping Company announced that the Board of Directors of the Company at its meeting held on 14 May 2026, inter alia, have recommended the Fourth Interim dividend of Rs 11.7 per equity Share (i.e. 117%) , subject to the approval of the shareholders.

Net profit of Great Eastern Shipping Company rose 187.56% to Rs 1044.09 crore in the quarter ended March 2026 as against Rs 363.09 crore during the previous quarter ended March 2025. Sales rose 23.58% to Rs 1511.40 crore in the quarter ended March 2026 as against Rs 1223.04 crore during the previous quarter ended March 2025.

For the full year,net profit rose 25.52% to Rs 2942.52 crore in the year ended March 2026 as against Rs 2344.26 crore during the previous year ended March 2025. Sales rose 1.63% to Rs 5409.09 crore in the year ended March 2026 as against Rs 5322.54 crore during the previous year ended March 2025.

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Great Eastern Shipping Company will hold a meeting of the Board of Directors of the Company on 14 May 2026.

Great Eastern Shipping Company took delivery of 2014 Japanese built Kamsarmax Dry Bulk Carrier ?Jag Abhishek? of about 81,094 dwt. The company had contracted to buy the vessel in Q4 FY26. This vessel is financed entirely from internal accruals.

After this transaction, the company's current owned fleet stands at 41 vessels, comprising 26 Tankers (5 Crude Tankers, 17 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.28 mn dwt. The Company's current capacity utilization is close to 100%.

Additionally, the company has contracted to buy one secondhand Medium Range Tanker and contracted to sell its Medium Range Tankers ?Jag Prakash? and ?Jag Pankhi?. These transactions are expected to be completed in Q1 FY27.