Great Eastern Shipping Company Limited (GE Shipping) has declared a second interim dividend of ₹7.20 per equity share for the financial year 2025–26, with the record date fixed as November 13, 2025. The dividend will be paid on or after December 2, 2025, the company announced in its latest exchange filing.
In the filing, GE Shipping stated, “The Board of Directors declared the 2nd interim dividend for FY2025–26 of ₹7.20 per share to the equity shareholders of the company. The record date for determining eligible shareholders is November 13, 2025. The interim dividend will be paid on or after December 02, 2025.”
Q2FY26 Earnings Highlights
For the quarter ended September 30, 2025, GE Shipping reported a decline in revenue, though profitability remained resilient due to margin improvement and disciplined cost management.
- Revenue: ₹12.40 billion, down 8.4% year-on-year.
- EBITDA margin: 58.7%, reflecting operational efficiency despite softer revenues.
- Net profit: ₹5.80 billion, up marginally on a YoY basis.
Alongside the dividend announcement, GE Shipping also confirmed a leadership transition. After nearly seven decades of association, Non-Executive Chairman K. M. Sheth will step down and assume the honorary role of Chairman Emeritus, while Bharat K. Sheth will take over as Chairman and Managing Director, effective November 9, 2025.
Summary
GE Shipping’s ₹7.20 interim dividend announcement reaffirms its commitment to shareholder returns amid a steady financial performance in Q2FY26. Despite lower revenues, the company maintained strong margins and profitability. The leadership transition marks the beginning of a new chapter for India’s largest private shipping company as it continues to navigate global maritime opportunities with a focus on stability and operational excellence.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.