Essar Shipping reports standalone net profit of Rs 34.75 crore in the September 2014 quarter

Sales decline 2.04% to Rs 220.35 crore

Net profit of Essar Shipping reported to Rs 34.75 crore in the quarter ended September 2014 as against net loss of Rs 41.46 crore during the previous quarter ended September 2013. Sales declined 2.04% to Rs 220.35 crore in the quarter ended September 2014 as against Rs 224.94 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales220.35224.94 -2 OPM %8.8923.96 -PBDT73.37-3.77 LP PBT36.98-40.23 LP NP34.75-41.46 LP

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