Essar Shipping net profit declines 81.24% in the June 2012 quarter

Sales rise 43.25% to Rs 419.17 crore

Essar Shipping net profit declined 81.24% to Rs 6.22 crore in the quarter ended June 2012 as against Rs 33.16 crore during the previous quarter ended June 2011. Sales rose 43.25% to Rs 419.17 crore in the quarter ended June 2012 as against Rs 292.61 crore during the previous quarter ended June 2011. ParticularsQuarter EndedJun. 2012Jun. 2011% Var.Sales419.17292.61 43 OPM %25.3336.25 -30 PBDT43.8360.87 -28 PBT6.7833.56 -80 NP6.2233.16 -81

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