GE Shipping files Q1 FY27 earnings call transcript with BSE and NSE
GESHIP · price
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GE Shipping posted its most profitable quarter ever for Q1 FY27, with consolidated profit of INR 1,309 cr (standalone INR 1,157 cr). Standalone NAV reached INR 1,512/share, consolidated nearly INR 1,900/share. Announced 18th consecutive interim dividend at INR 14.40/share, its highest ever. Tanker earnings surged on Strait of Hormuz disruption; crude tankers earned $90,000/day. Holds $700 million cash, trades at 25% discount to NAV. Management cautious on ship purchases at current peak prices.
Record quarterly profit and highest-ever dividend signal strong shareholder returns; management caution on capacity expansion reflects valuation discipline at cycle peak.