Great Eastern Shipping Company Ltd's Q4FY25 Quarter Results
- 10 May 2025
Result Summary
- Great Eastern Shipping Company Ltd reported a 15.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.3%.
- Its expenses for the quarter were down by 12.1% QoQ and 8.0% YoY.
- The net profit increased 52.5% QoQ and increased 25.4% YoY.
- The earnings per share (EPS) of Great Eastern Shipping Company Ltd stood at 63.3 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1726.58 | 1500.77 | 1550.72 | 15.0% | 11.3% |
Total Expenses | 784.66 | 892.67 | 853.22 | -12.1% | -8.0% |
Profit Before Tax | 941.92 | 608.10 | 697.50 | 54.9% | 35.0% |
Tax | 36.84 | 14.44 | -24.44 | 155.1% | -250.7% |
Profit After Tax | 905.08 | 593.66 | 721.94 | 52.5% | 25.4% |
Earnings Per Share | 63.30 | 41.50 | 50.50 | 52.5% | 25.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Great Eastern Shipping Company Ltd is a leading shipping and offshore service provider. The company primarily operates in two segments: shipping and offshore. In the shipping segment, it is involved in the transportation of crude oil, petroleum products, gas, and dry bulk commodities. The offshore segment provides services to oil companies for exploration and production activities. Its fleet includes crude carriers, product carriers, LPG carriers, and dry bulk carriers. As of the most recent period, there were no specific major developments mentioned within the provided data that could further elaborate on the company’s activities or strategy.
Revenue
In the fourth quarter of fiscal year 2025 (Q4FY25), Great Eastern Shipping Company Ltd reported a total income of ₹1,726.58 crores. This represents a quarter-over-quarter (QoQ) increase of 15.0% from ₹1,500.77 crores in the third quarter of fiscal year 2025 (Q3FY25) and a year-over-year (YoY) increase of 11.3% from ₹1,550.72 crores in the fourth quarter of fiscal year 2024 (Q4FY24). The increase in revenue both on a QoQ and YoY basis indicates a positive change in income generation, compared to the previous periods, as captured in the data provided.
Profitability
The profitability of Great Eastern Shipping Company Ltd saw substantial improvement in Q4FY25. The profit before tax (PBT) recorded was ₹941.92 crores, marking a significant QoQ increase of 54.9% from ₹608.10 crores in Q3FY25 and a YoY rise of 35.0% from ₹697.50 crores in Q4FY24. The profit after tax (PAT) for Q4FY25 was ₹905.08 crores, demonstrating a QoQ growth of 52.5% from ₹593.66 crores and a YoY increase of 25.4% from ₹721.94 crores. Earnings per share (EPS) in this quarter were ₹63.30, showing similar QoQ and YoY growth rates as PAT. These figures reflect improved profitability metrics compared to the prior periods.
Operating Metrics
The total expenses for Great Eastern Shipping Company Ltd in Q4FY25 were ₹784.66 crores, reflecting a QoQ decrease of 12.1% from ₹892.67 crores in Q3FY25 and an 8.0% decline YoY from ₹853.22 crores in Q4FY24. This reduction in expenses over both the quarter and the year could have contributed to the improved profit margins. The tax expense in Q4FY25 was ₹36.84 crores, which shows a significant increase of 155.1% QoQ from ₹14.44 crores. Notably, there was an atypical YoY comparison to a negative tax figure of -₹24.44 crores in Q4FY24, indicating a reversal in tax expense impact from the prior year.
