Great Eastern Shipping Co Ltd (NSE:GESHIP)
₹ 1203.8 -87.8 (-6.8%) Market Cap: 171.86 Bil Enterprise Value: 123.52 Bil PE Ratio: 6.49 PB Ratio: 1.48 GF Score: 79/100

Q2 2024 Great Eastern Shipping Company Ltd Earnings Call Transcript

Oct 31, 2023 / 08:00AM GMT
Release Date Price: ₹794.25 (-0.44%)
Operator

Welcome to the GE Shipping earnings call on declaration of its financial results for the quarter ended September 30, 2023. (Operator Instructions)

I now hand over the conference to Mr. G. Shivakumar, Chief Financial Officer and Executive Director at The Great Eastern Shipping Company Limited to start the proceedings. Thank you, and over to you, sir.

G. Shivakumar
The Great Eastern Shipping Company Limited - CFO & Executive Director

Yes. Thank you. Can we put the presentation on the screen? I'm not able to see. Yes. Thank you so much. Good afternoon, everyone, and thank you for joining us for the discussion of the Q2 results and market. As is customary, we'll take you through a short presentation, and then we'll move on to the discussions. Customary caveats apply. We are not forecasting markets. We are just giving some views of how we think the markets can pan.

Highlights. Net profit of just under INR 600 crores on a consolidated basis. Our consolidated net asset value has moved up to INR 1,263 per share. That's at the midpoint of range

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