The Great Eastern Shipping Company Ltd. Share Price

GE Shipping's Record Quarter and ₹1,530 Buyback

Shreeji Shipping Q1 Net Profit Rises 19% to ₹44.3 Cr on Strong Revenue Growth

Shreeji Shipping Global reported consolidated net profit of ₹443 million for Q1, up from ₹372 million year-on-year. Revenue grew to ₹2.1 billion from ₹1.6 billion, while EBITDA rose to ₹617 million from ₹598 million. However, EBITDA margin contracted to 29.55% from 37.13% due to higher operating costs. The dry bulk logistics firm continues to expand its fleet and coastal operations. *Top stocks in the shipping industry:*

Great Eastern Shipping Acquires Secondhand Kamsarmax Bulk Carrier to Expand Capacity

The Great Eastern Shipping Company Limited has contracted to purchase a secondhand Kamsarmax dry bulk carrier (approximately 81,886 dwt, built in 2015), which is scheduled to join its operating fleet in Q3 FY27. Key Deal Highlights: Vessel Specs: 81,886 dwt Kamsarmax, built in 2015. Funding: Financed entirely through internal accruals, reflecting a robust, debt-free balance sheet. Fleet Impact: Increases the dry bulk fleet from 15 to 16 vessels, adding to the company's total owned fleet of 40 vessels (currently aggregating 3.24 million dwt). Strategic Rationale: Immediate Capacity Relief: With current fleet capacity utilization hovering near 100%, this acquisition alleviates tight operational constraints and allows the company to capture immediate market demand upon delivery. Fleet Modernization: Opting for a modern 2015-built secondhand vessel avoids multi-year newbuild shipyard wait times. It aligns perfectly with the company’s ongoing strategy of fleet renewal, which includes the recent sale of older vintage vessels. Outlook: This capital-efficient expansion reinforces Great Eastern Shipping’s strong operational and financial positioning, enabling it to capitalize on favorable dry bulk market dynamics and sustain its high utilization rates without taking on incremental debt.

The Great Eastern Shipping Company (GESHIP) Q1 FY27 Results 👇

Reported a stellar financial performance with exponential growth in profits both year-on-year and sequentially, driven by an expansion in shipping segment revenues. YoY (Consolidated) ✧ Revenue: ₹2,005.36 Cr (+66.9%) ✧ Total Income: ₹2,286.21 Cr (+71.0%) ✧ Profit Before Tax: ₹1,364.78 Cr (+154.6%) ✧ Net Profit: ₹1,308.84 Cr (+159.4%) QoQ (Consolidated) ✧ Revenue: ₹2,005.36 Cr (+32.7%) ✧ Total Income: ₹2,286.21 Cr (+23.1%) ✧ Profit Before Tax: ₹1,364.78 Cr (+30.9%) ✧ Net Profit: ₹1,308.84 Cr (+25.4%) Key Highlight ✧ Dividend: Declared an interim dividend of ₹14.40 per share.

THEMATIC INVESTING----> The Government Is Looking Beneath the sea . 80,000 Cr. 'Samudra Manthan' Could Create a New Offshore Investment Theme

For decades, India has searched for oil and gas on land. Now, the government is turning its focus to the deep sea. Under the proposed 'Samudra Manthan' initiative, the Centre is working on an approximately ₹80,000 crore incentive package to accelerate deepwater and ultra-deepwater exploration of oil, natural gas and strategic minerals. The objective is simple: reduce India's dependence on energy imports and unlock resources hidden beneath the ocean floor. ##What Is 'Samudra Manthan'? The proposed scheme aims to: • Share up to 50% of exploratory drilling costs for deepwater projects. • Encourage global energy companies to participate in India's offshore exploration. • Accelerate exploration of oil, natural gas and offshore mineral resources. • Strengthen India's long-term energy security and reduce crude oil imports. ------> Which Companies Could Benefit? Upstream Exploration •

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