Great Eastern Shipping Company Ltd Share Price – NSE /  BSE

Shipping, Small Cap

The Great Eastern Shipping Company (G E Shipping) has contracted to sell its 2011 built Kamsarmax Dry Bulk Carrier, Jag Aarati of about 80,324 dwt on December 18, 2025 to an unaffiliated third party. The vessel will be delivered to the new buyer in Q4 FY26.

Including Jag Aarati, the company's current owned fleet stands at 40 vessels, comprising 26 tankers (6 crude tankers, 16 product tankers, 4 LPG carriers) and 14 dry bulk carriers (2 Capesize, 10 Kamsarmax, 2 Supramax) aggregating 3.32 mn dwt.

The company has contracted to sell one Suezmax crude tanker and this transaction is expected to be completed in Q3 FY26. Additionally, the company has contracted to buy one secondhand Ultramax dry bulk carrier and this transaction is expected to be completed in Q4 FY26.

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The vessel had been contracted for sale in October 2025.

Post this delivery, G E Shipping?s owned fleet comprises 40 vessels, including 26 tankers ? 6 crude tankers, 16 product tankers, and 4 LPG carriers ? and 14 dry bulk carriers, consisting of 2 Capesize, 10 Kamsarmax, and 2 Supramax vessels, aggregating 3.32 million deadweight tonnes (dwt).

The company has also signed agreements to sell one Suezmax crude tanker and acquire a secondhand Ultramax dry bulk carrier, with both transactions expected to be completed in H2 FY26, further optimizing its fleet composition.

Great Eastern Shipping Company, along with its subsidiaries is a major player in the Indian shipping and Oil drilling services industry.

Great Eastern Shipping Company (GE Shipping)'s consolidated net profit rose 1.01% to Rs 581.41 crore in Q2 FY26 as against Rs 575.57 crore in Q2 FY25. Revenue from operations tanked 8.31% to Rs 1,241.78 crore as against Rs 1,354.40 crore posted in Q2 FY25.

Shares of Great Eastern Shipping Company shed 0.40% to Rs 1,096.20 on the BSE.

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However, revenue from operations tanked 8.31% to Rs 1,241.78 crore as against Rs 1,354.40 crore posted in Q2 FY25.

Profit before tax (PBT) stood at Rs 600.68 crore in Q2 FY26, down 1.48%, compared to Rs 609.75 crore recorded in Q2 FY25.

Total expenses during the quarter increased 19.47% to Rs 781.10 crore, compared with Rs 970.01 crore in the year-ago quarter.

On segmental front, revenue from Liner shipping stood at Rs 1,050.71 crore (down 18.35% YoY) and revenue from offshore stood at Rs 338.23 crore (up 12.28% YoY), during the quarter.

Great Eastern Shipping Company has declared a second interim dividend of Rs 7.20 per equity share for the financial year 2025-26. The company has fixed 13 November 2025, as the record date to determine eligible shareholders. The dividend will be paid on or after 2 December 2025, the company said in a regulatory filing.

Great Eastern Shipping Company, along with its subsidiaries is a major player in the Indian shipping and Oil drilling services industry.

Shares of Great Eastern Shipping Company jumped 3.45% to close at Rs 1084.65 on Friday, 7 November, on the BSE.

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Great Eastern Shipping Company announced that the Board of Directors of the Company at its meeting held on 7 November 2025, inter alia, have recommended the 2nd interim dividend of Rs 7.2 per equity Share (i.e. 72%) , subject to the approval of the shareholders.

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