**Great Eastern Shipping Company Q3 Results 2025**
Great Eastern Shipping Company announced its Q3 results on January 28, 2025. The company experienced a slight decline in revenue, which decreased by 0.66% year-over-year, while profit saw a notable increase of 10.31%. The net profit stood at ₹593.66 crore, with total revenue reported at ₹1236.87 crore.
In comparison to the previous quarter, revenue fell by 8.68%, although profit rose by 3.14%. Selling, general, and administrative expenses decreased by 1.56% quarter-over-quarter but increased by 8.84% year-over-year. Operating income saw a significant decline, down 22.48% from the previous quarter and 18.42% year-over-year. The earnings per share (EPS) for Q3 was ₹23.34, reflecting a decrease of 34.01% year-over-year.
As of January 29, 2025, among the two analysts covering the company, one has issued a Buy rating while the other has given a Strong Buy rating. The consensus recommendation as of January 29, 2025, is to Strong Buy.
**Great Eastern Shipping Company Financials**
| Period | Q3 (FY25) | Q2 (FY25) | Q-o-Q Growth | Q3 (FY24) | Y-o-Y Growth |
|———————–|———–|———–|————–|———–|————–|
| Total Revenue | 1236.87 | 1354.4 | -8.68% | 1245.13 | -0.66% |
| Selling/General/Admin Expenses | 235.81 | 239.55 | -1.56% | 216.65 | +8.84% |
| Depreciation/Amortization | 205.37 | 205.51 | -0.07% | 194.02 | +5.85% |
| Total Operating Expense | 877.23 | 890.45 | -1.48% | 804.3 | +9.07% |
| Operating Income | 359.64 | 463.95 | -22.48% | 440.83 | -18.42% |
| Net Income Before Taxes | 608.16 | 609.75 | -0.27% | 539.67 | +12.68% |
| Net Income | 593.66 | 575.57 | +3.14% | 538.17 | +10.31% |
| Diluted Normalized EPS | 23.34 | 31.28 | -25.38% | 35.37 | -34.01% |
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