The Great Eastern Shipping Company Limited — Board Meeting, 09-05-2025: Outcome of Board Meeting

The Great Eastern Shipping Company has announced a board meeting on which it approved consolidated financial results showing a strong net profit of Rs. 2344 Cr and an operating margin of 51.44%. The board declared an interim dividend of Rs. 5.40 per share, bringing total interim dividends for the year to Rs. 29.70 per share. Leadership continuity is ensured with the re-appointments of Mr. Bharat K. Sheth as Deputy Chairman & MD and Mr. G. Shivakumar as Executive Director for five-year terms. The company boasts a solid balance sheet with a low debt-to-equity ratio of 0.15 and healthy cash flow of Rs. 2647 Cr. Asset optimization continued with the sale of a Supramax Dry Bulk Carrier.