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Essar Shipping loss narrows to Rs 21 cr in June quarter

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Press Trust of India New Delhi

Essar Shipping on Wednesday reported narrowing of its consolidated loss to Rs 20.92 crore for the quarter ended June 30.

The company had posted a consolidated "loss..after share of...loss of associate" of Rs 101.60 crore in the year-ago period, Essar Shipping said in a filing to the BSE.

The consolidated income from operations of Essar Shipping during the April-June quarter fell to Rs 350.22 crore, over Rs 359.53 crore in the year-ago period, the company said in a filing to the BSE.

Essar Shipping is an integrated supply chain solution provider with investments in sea transportation and contract drilling services.

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First Published: Aug 14 2019 | 6:05 PM IST

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