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01-Aug2017

Essar Shipping reports net loss of Rs 57.80 crore in Q1

Essar Shipping has reported results for first quarter ended June 30, 2017.

The company has reported a net loss of Rs 57.80 crore for the quarter under review as compared to a net loss of Rs 50.45 crore for the same quarter in the previous year. Total income from operations of the company increased marginally by 0.75% at Rs 188.00 crore for Q1FY18 as compared Rs 186.60 crore for the corresponding quarter previous year.

Essar Shipping is an integrated logistics solution provider with investments in logistics services, sea transportation and oilfield drilling services.


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