Shares of The Great Eastern Shipping Company surged more than 11% in Monday’s trade, touching a fresh 52-week high after the company reported a strong set of Q4FY26 earnings, driven by sharp growth in profitability and improved operating performance.
At around 10:41 AM, the stock was trading near its intraday high of Rs 1,720 after opening at Rs 1,533.90, which was also the previous closing price. The stock touched a day’s low of Rs 1,533.90 and witnessed strong buying interest with live volume crossing 81.63 lakh shares.
The rally came after investors reacted positively to the company’s robust March quarter earnings and dividend announcement.
For Q4FY26, Great Eastern Shipping reported revenue of Rs 1,511 crore, marking a 23.5% year-on-year increase from Rs 1,223 crore in the corresponding quarter last year.
The company posted a sharp improvement in operating performance, with EBITDA jumping 87.7% YoY to Rs 942 crore compared to Rs 502 crore in Q4FY25. EBITDA margin expanded significantly by 2,130 basis points to 62.3% from 41.0% a year ago, reflecting improved operational efficiency and stronger business momentum.
Net profit for the quarter surged to Rs 1,044 crore, sharply higher than Rs 363 crore reported in the same period last year, supported by strong earnings growth across business segments.