Essar Shipping reports consolidated net loss of Rs 89.28 crore in the December 2019 quarter

Capital Market 

Sales rise 16.47% to Rs 378.42 crore

Net loss of Essar Shipping reported to Rs 89.28 crore in the quarter ended December 2019 as against net profit of Rs 1.39 crore during the previous quarter ended December 2018. Sales rose 16.47% to Rs 378.42 crore in the quarter ended December 2019 as against Rs 324.91 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales378.42324.91 16 OPM %19.1628.85 -PBDT-46.0969.26 PL PBT-89.181.48 PL NP-89.281.39 PL

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First Published: Thu, February 13 2020. 16:08 IST