Net profit of Great Eastern Shipping Company rose 10.31% to Rs 593.66 crore in the quarter ended December 2024 as against Rs 538.17 crore during the previous quarter ended December 2023. Sales declined 0.66% to Rs 1236.87 crore in the quarter ended December 2024 as against Rs 1245.13 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1236.871245.13 -1 OPM %49.4052.18 - PBDT813.47733.69 11 PBT608.10539.67 13 NP593.66538.17 10 Powered by Capital Market - Live News

Great Eastern Shipping Company announced that the Board of Directors of the Company at its meeting held on 28 January 2025, inter alia, have recommended the interim dividend of Rs 8.1 per equity Share (i.e. 81%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Great Eastern Shipping Company will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live News

Great Eastern Shipping Company has delivered its 2005 built Medium Range product tanker �Jag Padma� to the buyers. The vessel was contracted for sale in October 2024. Post the delivery, the company`s current fleet stands at 39 vessels, comprising 26 tankers (5 crude carriers, 17 product tankers, 4 LPG carrier) and 13 dry bulk carriers (2 Capesize, 8 Kamsarmax, 3 Supramax) aggregating 3.10 Mn dwt. Powered by Capital Market - Live News

Great Eastern Shipping Company has delivered its 2005 built Suezmax Crude Tanker �Jag Lalit� to the buyers. The vessel was contracted for sale in September 2024.Excluding Jag Lalit, company`s current fleet stands at 40 vessels, comprising 27 tankers (5 Crude carriers, 18 Product carriers, 4 LPG carriers) and 13 dry bulk carriers (2 Capesize, 8 Kamsarmax, 3 Supramax) aggregating 3.15 Mn dwt.Additionally, the company has contracted to sell one MR product tanker in Oct 2024, which is due for delivery by H2 FY25. Powered by Capital Market - Live News