Results     04-Jun-19
Announcements
Essar Shipping reports standalone net loss of Rs 1425.18 crore in the March 2019 quarter
Sales decline 30.30% to Rs 113.64 crore
Net loss of Essar Shipping reported to Rs 1425.18 crore in the quarter ended March 2019 as against net profit of Rs 180.57 crore during the previous quarter ended March 2018. Sales declined 30.30% to Rs 113.64 crore in the quarter ended March 2019 as against Rs 163.04 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 1593.49 crore in the year ended March 2019 as against net profit of Rs 46.17 crore during the previous year ended March 2018. Sales declined 23.54% to Rs 491.92 crore in the year ended March 2019 as against Rs 643.41 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear Ended
 Mar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.
Sales113.64163.04 -30 491.92643.41 -24
OPM %28.8020.37 -15.1124.13 -
PBDT0.96-11.54 LP -88.71-49.86 -78
PBT-24.93-42.30 41 -192.04-174.90 -10
NP-1425.18180.57 PL -1593.4946.17 PL

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