Results     29-May-24
Announcements
Essar Shipping reports consolidated net loss of Rs 64.40 crore in the March 2024 quarter
Sales decline 81.50% to Rs 2.54 crore
Net loss of Essar Shipping reported to Rs 64.40 crore in the quarter ended March 2024 as against net profit of Rs 363.41 crore during the previous quarter ended March 2023. Sales declined 81.50% to Rs 2.54 crore in the quarter ended March 2024 as against Rs 13.73 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 118.10 crore in the year ended March 2024 as against net profit of Rs 1650.21 crore during the previous year ended March 2023. Sales declined 66.64% to Rs 20.24 crore in the year ended March 2024 as against Rs 60.67 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales2.5413.73 -82 20.2460.67 -67
OPM %-1248.0362.05 --330.9853.11 -
PBDT-65.4165.56 PL -86.004.57 PL
PBT-65.3261.93 PL -118.08-36.57 -223
NP-64.40363.41 PL -118.101650.21 PL

Previous News
  Essar Shipping reports consolidated net profit of Rs 225.41 crore in the March 2022 quarter
 ( Results - Announcements 31-May-22   13:21 )
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  Essar Shipping reports standalone net loss of Rs 42.05 crore in the September 2017 quarter
 ( Results - Announcements 15-Nov-17   15:52 )
  Essar Shipping to hold AGM
 ( Corporate News - 01-Sep-14   16:07 )
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