Results     08-Feb-12
Announcements
Essar Shipping net profit declines 23.88% in the December 2011 quarter
Sales rise 16.15% to Rs 288.27 crore
Net profit of Essar Shipping declined 23.88% to Rs 17.79 crore in the quarter ended December 2011 as against Rs 23.37 crore during the previous quarter ended December 2010. Sales rose 16.15% to Rs 288.27 crore in the quarter ended December 2011 as against Rs 248.19 crore during the previous quarter ended December 2010.

In the consolidated results, the company reported net profit of Rs 48.65 crore in the quarter ended December 2011 as against Rs 33.97 crore during the previous quarter ended December 2010. Sales reported to Rs 713.53 crore in the quarter ended December 2011 as against Rs 650.41 crore during the previous quarter ended December 2010.

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