Thursday 23 January 2014

Essar Ports reports 4% rise in Q3 consolidated net profit

Essar Ports has reported results for third quarter ended December 31, 2013.

The company has reported a net loss of Rs 16.74 crore for the quarter as compared to net loss of Rs 11.87 crore for the same quarter in the previous year.  Total income from operations of the company has decreased by 42.13% at Rs 6.66 crore for quarter under review as compared to Rs 11.51 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 3.97% rise in its net profit at Rs 94.01 crore for the quarter as compared to Rs 90.42 crore for the same quarter in the previous year. Total income from operations of the company has increased by 2.97% at Rs 376.86 crore for quarter under review as compared to Rs 365.97 crore for the quarter ended December 31, 2012.

No comments:

Post a Comment