Q1 Results: Profit fell but gave a dividend of Rs 7, read full details:

News Topical, Digital Desk : Great Eastern Shipping Company, a shipping sector company included in the BSE 500 index, has released its quarterly results. The company has reported a decline in consolidated profit in the results. Profit has fallen by 38 percent on a year-on-year basis. At the same time, there has also been a decline in income through business. The company's EBITDA has fallen by 29 percent compared to last year, while EBITDA margin has also come down compared to last year.

Declaration of dividend

The company has announced dividend for its investors along with the results. The company is going to give a dividend of Rs 7.2 per share to the investors. The company has fixed 6 August 2025 as the record date for interim dividend. The dividend will be paid on or after 22 August.

How were the results According to the information given by the company, the consolidated profit has declined by 37.8 percent year-on-year to Rs 504 crore. A year ago, the profit was at the level of Rs 811 crore. Income through business has fallen by 20.4 percent year-on-year and has come down from Rs 1508 crore to Rs 1201 crore. EBITDA has come down by 29 percent from Rs 911 crore to Rs 643 crore during this period. EBITDA margin has fallen from 60.4 percent to 53.5 percent year-on-year.

How was the performance of the stock? In Thursday's session, the stock closed at 936 with a decline of 0.9 percent. During trading, the stock also slipped to the level of 924. In March this year, the stock had come down to the level of 797.