Essar Shipping today reported narrowing of its net loss to Rs 28.23 crore for the quarter ended December 31, 2017.
The Ruias-led company had posted a net loss of Rs 91.84 crore in the corresponding period of the previous fiscal.
The company's total income from operations rose to Rs 179.97 crore during the quarter under review as against Rs 149.70 crore in the year-ago quarter.
Its total expenses declined to Rs 207.91 crore as against Rs 241.43 crore earlier.
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