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(06/11/2026 17:20)

Great Eastern Ship. Q2 net profit zooms 123.36% at Rs 1026.52 cr

The company reported standalone net profit of Rs 1,026.52 crore for the quarter ended September 30, 2026 as compared to Rs 459.58 crore in the same period last year, registering a year-on-year growth of 123.36 per cent.

Net revenue of the company rose substantially by 56.67 per cent at Rs 1,336.41 crore in July-September quarter of this fiscal as against Rs 852.99 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 58.38 per cent to Rs 458.21 crore from Rs 289.31 crore in year ago period.

Other Income grew by 277.84 per cent at Rs 365.71 crore versus (Sep'25 Rs 96.79 crore).

Operating Profit surged by 55.80 per cent to Rs 878.20 crore as against Rs 563.68 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.56 per cent in September quarter.

Interest declined by 36.12 per cent y-o-y to Rs 17.33 crore, while Taxation decreased by 38.24 per cent at Rs 15.20 crore (Sep'25 Rs 24.61 crore).