Essar Shipping reports standalone net loss of Rs 88.22 crore in the December 2020 quarter

Sales decline 87.91% to Rs 22.87 crore

Net Loss of Essar Shipping reported to Rs 88.22 crore in the quarter ended December 2020 as against net loss of Rs 17.52 crore during the previous quarter ended December 2019. Sales declined 87.91% to Rs 22.87 crore in the quarter ended December 2020 as against Rs 189.15 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales22.87189.15 -88 OPM %-67.2134.91 -PBDT-60.5410.15 PL PBT-88.17-17.22 -412 NP-88.22-17.52 -404

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