Great Eastern Shipping Q4FY23 Results: Consolidated PAT Up at Rs 721.94 Cr

Great Eastern Shipping Q4FY23 Results: Consolidated PAT Up at Rs 721.94 Cr

Great Eastern Shipping Limited. Q4 results show revenue fell from 1522.43 to 1550.72 crores, a 1.86% decrease in growth. EPS rise from ₹43.93 to ₹50.57, up by 15.11%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Great Eastern Shipping Ltd. shared its Q4 results on Friday. They earned 1550.72 crores in revenue this quarter, but that’s less than the 1522.43 crores they made last quarter. Unfortunately, the company’s growth decreased by 1.86 percent when comparing the two quarters.

In terms of profits, Great Eastern Shipping Company’s PAT (Profit After Tax) for this quarter was 721.94 crores, up from 627.20 crores in the previous quarter. Their quarter-to-quarter growth increased by 15.11 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹50.57, which is an increase of 15.11% from the ₹43.93 EPS in the previous quarter.

Also read: ☞ ” DLF Q4FY23 Results: Consolidated PAT Up at Rs 570.01 Cr “

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 6171.14 crores this year (2023), which is 68.19 percent higher than last year’s total revenue of 3669.12 crores.

This year’s PAT (Profit After Tax) is 2575.01 crores, which is also 309% higher than last year’s PAT of 629.58 crores.

The EPS (Earnings Per Share) for this year is ₹180.36, which is 319.54% more than the EPS of ₹42.99 earned last year.

Great Eastern Shipping Share Dividend Announcement / Record Date:

The Board of Directors has declared an Interim Dividend of ₹9 per Equity Share of Face Value of ₹10 each of the Company. Total Dividend for FY23 stood at ₹25 per Equity Share (Interim Dividend of ₹10 per Equity Share)

DividendRecord Date
₹9 per Equity ShareAfter 06/06/2023

About Great Eastern Shipping:

The Great Eastern Shipping Company Limited, the largest private sector shipping company in India, specializes in the transportation of liquid, gas, and solid bulk products. The company operates through two business segments: Shipping and Offshore.

Download Full PDF Q4 Results of Great Eastern Shipping: Click Here

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