The company had posted standalone loss after tax of Rs 40.79 crore in the corresponding quarter of previous fiscal, Essar Shipping said in a filing to BSE.
The standalone total income from operations declined to Rs 160.6 crore from Rs 201 crore in the year-ago period.
The total expenses declined to Rs 148.4 crore compared to Rs 220.8 crore in the corresponding quarter of previous fiscal.