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Essar Shipping reports consolidated net loss of Rs 43.78 crore in the December 2023 quarter

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Sales decline 82.12% to Rs 2.58 crore

Net loss of Essar Shipping reported to Rs 43.78 crore in the quarter ended December 2023 as against net profit of Rs 1343.05 crore during the previous quarter ended December 2022. Sales declined 82.12% to Rs 2.58 crore in the quarter ended December 2023 as against Rs 14.43 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales2.5814.43 -82 OPM %-640.7047.75 -PBDT-25.9423.87 PL PBT-36.7111.29 PL NP-43.781343.05 PL

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First Published: Feb 09 2024 | 7:41 AM IST

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