Great Eastern Shipping Company Ltd posted consolidated revenue of ₹12.42 billion and net profit of ₹5.81 billion for the September quarter of FY2025-26. The company’s performance reflects strong charter rates, efficient fleet utilization, and disciplined cost management amid global shipping market volatility.
India’s largest private sector shipping company, Great Eastern Shipping, has reported robust financial results for Q2 FY2025-26. According to its latest NSE filing, the company recorded ₹12.42 billion in consolidated revenue from operations and ₹5.81 billion in net profit. The performance was driven by favorable freight rates, strong demand for crude and dry bulk transportation, and strategic fleet deployment.
Major takeaways:
-
Consolidated revenue from operations stood at ₹12.42 billion, reflecting sustained demand across tanker and dry bulk segments.
-
Net profit for the quarter reached ₹5.81 billion, supported by higher operating margins and lower voyage expenses.
-
The company maintained high fleet utilization, with average time charter rates improving across key vessel categories.
-
Management highlighted continued focus on asset optimization, fuel efficiency, and risk-adjusted returns.
-
Great Eastern Shipping remains well-capitalized, with a strong balance sheet and prudent debt management.
Sources: NSE India Corporate Filings 1, Great Eastern Shipping Q2 FY2025 Investor Presentation, Reuters