The call ran from 4:04 PM to 4:35 PM IST (31 min).

Key takeaways

Second-highest quarterly profit in company history, slightly below Q1; interim dividend held at ₹14.40. No profit figure stated; earnings rest on volatile spot rates.

Highlights
Revenue growth	Profit slightly lower QoQ; no revenue figure stated.
Margins	Spot-driven; margins track rates; no margin figures stated.
Order book	Crude 28%, product 22% of fleet; 7.5% of crude due by 2027.
Demand visibility	Near-term tanker demand strong but spot rates falling; geopolitics drives outlook.
Management confidence	Balanced; declines guidance, says 'anybody's guess'.

Growth

Softened QoQ: crude TCY $93k to $73k, product $45k to $32k; LPG up $41k to $46k.

Outlook

No guidance given; management expects Q3 tanker TCYs 'significantly higher'; blended breakeven ~$13,000/day.

Risks

Spot exposure: Suezmax rates fell from $350-400k to $130-150k; Hormuz war can reverse; NAV may drop.

Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published 11 Nov 2026, 9:30 PM IST. Open it on ALFA Filings ›

The results behind this call

6 Nov 2026 16:44 IST NSE

Financial Results

Great Eastern Shipping Company Q2 FY27 Results: Net Profit ₹1,269 Cr, Up 118.3% YoY

Great Eastern Shipping Company Ltd reported revenue from operations of ₹1,824 Cr (+46.9% YoY) and net profit of ₹1,269 Cr (+118.3% YoY) for Q2 FY27.

Key figure: Net profit ₹1,269 Cr · +118.3% YoY

Open full results → Read the filing ↗

What management said last time

Full summary →

From the call summary published 4 Aug 2026.

Outlook they gave

Management remains in 'wait-and-watch' mode, holding ₹6,000 Cr cash for counter-cyclical investment opportunities.

Growth they described

Consolidated profit hit ₹1,309 Cr; NAV increased ₹100 per share to ₹1,900.

Call details

Company	Great Eastern Shipping Company Ltd
NSE symbol	GESHIP
ISIN	INE017A01032
Call	Q2 FY27 earnings call
Date	Wednesday, 11 November 2026
Time	4:00 PM IST
Length	31 min