Great Eastern Shipping Shares to Trade Ex-Date on February 03: Interim Dividend of ₹8.10

On February 03, 2025, Great Eastern Shipping shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹8.10 interim dividend.

Great Eastern Shipping Dividend History

Great Eastern Shipping Q3FY25 Highlight 

During Q3FY25, Great Eastern Shipping Company Ltd reported a total income of ₹1,500.77 crores, marking a 5.0% decrease from ₹1,579.76 crores in Q2FY25. However, the company’s profitability in Q3FY25 was strong, with a Profit After Tax (PAT) of ₹593.66 crores, reflecting a 3.1% increase from ₹575.57 crores in Q2FY25, and a 10.3% rise compared to ₹538.17 crores in Q3FY24.

The overall weak oil market sentiment that persisted throughout the year continued into Q3FY25, driven by lower global demand (particularly in China), ongoing OPEC+ production cuts (extended in early December), and reduced refinery throughput. Additionally, disruptions in the Red Sea caused a significant decline in both East-West and West-East trade routes for Crude & Products.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.