Results     27-May-17
Announcements
Essar Shipping reports standalone net profit of Rs 76.63 crore in the March 2017 quarter
Sales rise 19.42% to Rs 175.43 crore
Net profit of Essar Shipping reported to Rs 76.63 crore in the quarter ended March 2017 as against net loss of Rs 35.62 crore during the previous quarter ended March 2016. Sales rose 19.42% to Rs 175.43 crore in the quarter ended March 2017 as against Rs 146.90 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 119.28 crore in the year ended March 2017 as against net loss of Rs 197.70 crore during the previous year ended March 2016. Sales declined 9.74% to Rs 657.74 crore in the year ended March 2017 as against Rs 728.70 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Ended
 Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.
Sales175.43146.90 19 657.74728.70 -10
OPM %39.0551.50 -34.2436.42 -
PBDT112.993.05 3605 20.51-40.62 LP
PBT77.13-34.86 LP -116.63-194.31 40
NP76.63-35.62 LP -119.28-197.70 40

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