Business Standard

Essar Shipping reports standalone net loss of Rs 61.95 crore in the September 2016 quarter

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Capital Market

Sales decline 20.40% to Rs 159.36 crore

Net Loss of Essar Shipping reported to Rs 61.95 crore in the quarter ended September 2016 as against net loss of Rs 40.79 crore during the previous quarter ended September 2015. Sales declined 20.40% to Rs 159.36 crore in the quarter ended September 2016 as against Rs 200.19 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales159.36200.19 -20 OPM %28.689.17 -PBDT-27.84-1.82 -1430 PBT-61.25-39.93 -53 NP-61.95-40.79 -52

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First Published: Dec 14 2016 | 3:57 PM IST

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