Results     16-Dec-11
Announcements
Essar Shipping reports net profit of Rs 2.01 crore in the September 2011 quarter
Sales reported at Rs 290.41 crore
Essar Shipping reports net profit of Rs 2.01 crore in the quarter ended September 2011. Sales reported to Rs 290.41 crore in the quarter ended September 2011. As per the scheme of arrangement, the shipping, logistics and oilfield business of Essar Ports were demerged and transferred to the company with effect from 01 October 2010. Hence, the current quarter ended September 2011 is not comparable with the previous quarter ended September 2010.
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