Essar Shipping reports standalone net profit of Rs 2.70 crore in the March 2015 quarter

Sales decline 9.77% to Rs 167.80 crore

Net profit of Essar Shipping reported to Rs 2.70 crore in the quarter ended March 2015 as against net loss of Rs 118.77 crore during the previous quarter ended March 2014. Sales declined 9.77% to Rs 167.80 crore in the quarter ended March 2015 as against Rs 185.96 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 83.00 crore in the year ended March 2015 as against net loss of Rs 229.15 crore during the previous year ended March 2014. Sales declined 9.50% to Rs 787.85 crore in the year ended March 2015 as against Rs 870.55 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales167.80185.96 -10 787.85870.55 -10 OPM %45.765.68 -18.2814.94 - PBDT38.17-41.32 LP 65.46-40.11 LP PBT3.42-122.86 LP -78.50-225.67 65 NP2.70-118.77 LP -83.00-229.15 64

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