Shipping firm Mercator Ltd on Thursday reported narrowing of consolidated net loss to Rs 64.22 crore during the quarter ended December.
The company had posted a net loss of Rs 449.77 crore during the same period a year ago, Mercator said in a BSE filing.
Total income during the quarter under review stood at Rs 172.89 crore as against Rs 427.66 crore in the year-ago period.
Total expenses were at Rs 234.02 crore as compared with Rs 588.82 crore in October-December 2018.