India’s largest private sector shipping company, Great Eastern Shipping Limited (GE Shipping), has set May 15, 2025, as the record date for its interim dividend for FY25. On May 09, 2025, GE Shipping declared an interim dividend of ₹5.40. The company further stated that the interim dividend will be paid on or after June 03, 2025.
As GE Shipping has set May 15 as the record date for its interim dividend, meaning that May 14, marks the last day to buy GE Shipping shares to become eligible for the interim dividend. Further, any shares bought on or after May 15 (record date), won't be eligible for the interim dividend.
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Great Eastern Shipping Company (GE Shipping) reported a significant decline in its consolidated net profit, which dropped by 59.88% to ₹363.09 crore for Q4 FY25, compared to ₹906.19 crore in the same period last year. The company also saw an 18.31% fall in revenue from operations, totalling ₹1,223.04 crore for the quarter. Profit before tax (PBT) for Q4 FY25 stood at ₹395.87 crore, reflecting a 57.97% decrease from ₹941.92 crore in Q4 FY24.
Additionally, the earnings before interest, tax, depreciation, and amortisation (EBITDA) for the quarter were ₹721 crore, marking a decline of 37.46% year-on-year.
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Published on: May 14, 2025, 8:30 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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