Results     28-May-13
Announcements
Essar Shipping reports net loss of Rs 34.34 crore in the March 2013 quarter
Sales decline 1.69% to Rs 354.52 crore
Net loss of Essar Shipping reported to Rs 34.34 crore in the quarter ended March 2013 as against net profit of Rs 42.84 crore during the previous quarter ended March 2012. Sales declined 1.69% to Rs 354.52 crore in the quarter ended March 2013 as against Rs 360.62 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 93.25 crore in the year ended March 2013 as against net profit of Rs 95.82 crore during the previous year ended March 2012. Sales rose 18.63% to Rs 1461.48 crore in the year ended March 2013 as against Rs 1231.92 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear Ended
 Mar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.
Sales354.52360.62 -2 1461.481231.92 19
OPM %14.6236.69 -60 23.1635.82 -35
PBDT-1.1976.68 PL 99.16233.83 -58
PBT-33.4443.29 PL -39.8597.47 PL
NP-34.3442.84 PL -93.2595.82 PL

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