The Great Eastern Shipping reported its best-ever quarterly consolidated net profit and crossed INR1,000 crores for the full year FY26.
The company declared its highest-ever quarterly dividend of INR11.70 per share, taking the annual total to INR35.10 per share.
Management highlighted strong tanker and LPG markets driven by geopolitical disruption in the Strait of Hormuz, leading to a 10-20% increase in asset prices.
The Group maintains a strong net cash position of $500 million stand-alone, with 80% of vessel days for FY27 already locked in.