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Essar Shipping reports consolidated net loss of Rs 151.66 crore in the March 2016 quarter

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Capital Market

Sales rise 4.38% to Rs 443.88 crore

Net Loss of Essar Shipping reported to Rs 151.66 crore in the quarter ended March 2016 as against net loss of Rs 159.69 crore during the previous quarter ended March 2015. Sales rose 4.38% to Rs 443.88 crore in the quarter ended March 2016 as against Rs 425.27 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 453.09 crore in the year ended March 2016 as against net loss of Rs 458.95 crore during the previous year ended March 2015. Sales declined 10.01% to Rs 1714.00 crore in the year ended March 2016 as against Rs 1904.68 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales443.88425.27 4 1714.001904.68 -10 OPM %19.7221.78 -14.0311.92 - PBDT-30.21-65.68 54 27.13-7.44 LP PBT-145.53-156.76 7 -431.12-431.50 0 NP-151.66-159.69 5 -453.09-458.95 1

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First Published: May 25 2016 | 5:58 PM IST

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