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Essar Shipping reports standalone net loss of Rs 50.45 crore in the June 2016 quarter

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Capital Market

Sales decline 10.54% to Rs 174.41 crore

Net Loss of Essar Shipping reported to Rs 50.45 crore in the quarter ended June 2016 as against net loss of Rs 45.94 crore during the previous quarter ended June 2015. Sales declined 10.54% to Rs 174.41 crore in the quarter ended June 2016 as against Rs 194.95 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales174.41194.95 -11 OPM %37.1021.32 -PBDT-16.20-8.79 -84 PBT-49.70-45.16 -10 NP-50.45-45.94 -10

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First Published: Sep 08 2016 | 8:10 PM IST

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