Great Eastern Shipping Company's Q1 FY 2026-27 Quarterly Results

Result Summary

• Great Eastern Shipping Company Ltd reported a 23.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 71.0%.
• Its expenses for the quarter were up by 13.1% QoQ and 15.0% YoY.
• The net profit increased 25.4% QoQ and increased 159.4% YoY.
• The earnings per share (EPS) of Great Eastern Shipping Company Ltd stood at 91.49 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Great Eastern Shipping Company Ltd is a prominent player in the shipping industry, primarily engaged in the transportation of crude oil, petroleum products, gas, and dry bulk commodities. The company operates a diversified fleet of vessels, offering marine services to a global clientele. As one of the largest private sector shipping companies in India, Great Eastern Shipping has established a robust presence in the international shipping market. Recent developments for the company have not been specifically provided, hence any recent strategic moves or investments remain unspecified.

Revenue

During Q1FY27, Great Eastern Shipping Company Ltd reported a total income of ₹2286.21 crores, marking a significant quarter-over-quarter (QoQ) increase of 23.1% from ₹1857.23 crores in Q4FY26. The year-over-year (YoY) growth was even more pronounced at 71.0%, compared to ₹1336.88 crores in Q1FY26. This substantial growth in revenue highlights the company's strong performance over both the immediate past quarter and the same quarter in the previous fiscal year.

Profitability

In terms of profitability, the company reported a Profit Before Tax (PBT) of ₹1364.78 crores for Q1FY27, which represents a QoQ growth of 30.9% from ₹1042.61 crores in Q4FY26 and an impressive YoY increase of 154.6% from ₹535.96 crores in Q1FY26. The Profit After Tax (PAT) for Q1FY27 was ₹1308.84 crores, showing a QoQ increase of 25.4% from ₹1044.09 crores in Q4FY26 and a YoY growth of 159.4% from ₹504.50 crores in Q1FY26. Earnings Per Share (EPS) for Q1FY27 was ₹91.49, mirroring the PAT growth rates both QoQ and YoY. The company's tax expense also significantly increased QoQ by -3879.7%, moving from a tax benefit position in Q4FY26 to an expense of ₹55.94 crores in Q1FY27. The YoY tax expense growth was 77.8%.

Operating Metrics

Total expenses for Q1FY27 were ₹921.43 crores, reflecting a QoQ increase of 13.1% from ₹814.62 crores in Q4FY26, and a YoY increase of 15.0% from ₹800.92 crores in Q1FY26. Despite the rising expenses, the company maintained strong profitability margins, as indicated by the substantial growth in both PBT and PAT. The metrics suggest efficient operational management and cost control, contributing to the company's robust financial performance over the reported periods. However, specific financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio cannot be calculated from the provided data alone.