Dorian LPG Ltd. — Second Quarter Fiscal Year 2027 Earnings Summary

Dorian LPG Ltd. reported net income of $213.9 million for the second quarter of fiscal year 2027, driven by a 78.4% increase in revenues to $221.3 million due to higher Time Charter Equivalent rates. The company achieved a TCE rate of $96,990 per available day, an 80.5% increase from the prior year period, while also recognizing a $63.6 million gain from the disposal of two vessels. In addition to strong operational performance, Dorian LPG completed the sale of three vessels in the quarter, repaid portions of its debt facilities, and declared an irregular cash dividend of $1.25 per share.