---
schema_version: "secwatch.filing_event.v1"
accession: "0001596993-23-000068"
form_type: "8-K"
ticker: "LPG"
cik: "0001596993"
company_name: "DORIAN LPG LTD."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:21:26.530474+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dorian LPG Q2 FY2024 net income $76.5M ($1.89 EPS); declares $40.6M irregular dividend

## Summary
- Revenue $144.7M (+90.5% YoY); net income $76.5M vs $20.3M last year.
- Adjusted EPS $1.85; adjusted EBITDA $104.6M.
- TCE rate $65,128 per day (+60.3% YoY) on 96.5% fleet utilization.
- Declared two irregular cash dividends totaling $81.2M in Q2 FY2024.
- Interest costs $10.3M, down 14% YoY due to lower debt and refinancing.

## SEC filing metadata
- accession: 0001596993-23-000068
- form_type: 8-K
- ticker: LPG
- cik: 0001596993
- company_name: DORIAN LPG LTD.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596993/000159699323000068/0001596993-23-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596993/000159699323000068/lpg-20231102x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596993-23-000068
- JSON: https://secwatch.observer/filing/0001596993-23-000068.json
- Plain text: https://secwatch.observer/filing/0001596993-23-000068.txt

## Key facts
- Earnings Releases
  DORIAN LPG LTD. reported the three months ended September 30, 2023 results: revenue $144.7 million, net income $76.5 million, EPS $1.89 per diluted share.
  - Period: the three months ended September 30, 2023
  - Revenue: $144.7 million
  - Net income: $76.5 million
  - EPS: $1.89 per diluted share
  - Result: reported results
  source text: ​ ● Declared an irregular cash dividend totaling $40.6 million to be paid on or about November 2, 2023. ​ ​ Highlights for the Second Quarter Fiscal Year 2024 ​ ● Revenues of $144.7 million. ​ ● Time Charter Equivalent (“TCE”) (1) rate per operating day for our fleet of $65,128. ​ ● Net income of $76.5 million, or $1.89 earnings per diluted share (“EPS”), and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1596993/000159699323000068/0001596993-23-000068-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.