Essar Shipping reports standalone net loss of Rs 87.85 crore in the December 2014 quarter

Sales decline 5.12% to Rs 172.52 crore

Net Loss of Essar Shipping reported to Rs 87.85 crore in the quarter ended December 2014 as against net loss of Rs 92.02 crore during the previous quarter ended December 2013. Sales declined 5.12% to Rs 172.52 crore in the quarter ended December 2014 as against Rs 181.83 crore during the previous quarter ended December 2013. ParticularsQuarter EndedDec. 2014Dec. 2013% Var.Sales172.52181.83 -5 OPM %-3.37-2.90 -PBDT-49.43-58.34 15 PBT-87.20-91.36 5 NP-87.85-92.02 5

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