Essar Shipping net profit rises 271.38% in the June 2013 quarter

Sales decline 33.72% to Rs 277.82 crore

Net profit of Essar Shipping rose 271.38% to Rs 23.10 crore in the quarter ended June 2013 as against Rs 6.22 crore during the previous quarter ended June 2012. Sales declined 33.72% to Rs 277.82 crore in the quarter ended June 2013 as against Rs 419.17 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales277.82419.17 -34 OPM %25.5325.33 -PBDT63.3243.83 44 PBT28.786.78 324 NP23.106.22 271

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