The Great Eastern Shipping Company Limited is one of India’s largest private-sector shipping companies, engaged in the transportation of crude oil, petroleum products, gas, dry bulk commodities, and offshore exploration and production activities. The company operates a diversified fleet of 46 vessels, including crude oil tankers, product tankers, gas carriers, and dry bulk carriers, with a total tonnage of 3.92 million. The company’s offshore business is carried out by its subsidiary Greatship (India) Limited, which operates a fleet of five drilling rigs and seven offshore support vessels.
- The Great Eastern Shipping Company Limited reported Total Income for Q4 FY23 of ₹1,550.72 Crore up from ₹983 Crore year on year, a growth of 57.7%.
- Total Expenses for Q4 FY23 of ₹853.22 Crore up from ₹791.85 Crore year on year, a growth of 7.8%.
- Consolidated Net Profit of ₹721.94 Crore, down 282% from ₹188.97 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹50.47, from ₹13.01 in the same quarter of the previous year.