Essar Shipping has reported a loss of Rs 53.19 crore during the March 2024 quarter on lower income. It had posted Rs 363.44 crore 'profit for the period after share of profit of associate' in the year-ago period, the company said in a statement on Tuesday. The company's total income declined to Rs 13.43 crore as against Rs 27.26 crore in the January-March period of FY23.
ADVERTISEMENT
Part of Essar Group, Essar Shipping has over four decades of experience in owning and operating maritime assets.
ADVERTISEMENT
RECOMMENDED FOR YOU
Election Results 2024: Mahayuti Returns To Power Maharashtra; JMM-Congress Win Jharkhand
Nov 24, 2024
Pakistan's First Direct Cargo Ship To Bangladesh Docks At Chittagong Port
Nov 18, 2024
High Gold Prices Lure Investors To ETFs With Record Rs 1,962-Crore Inflow In October
Nov 11, 2024
M&M Financial Services Q2 Result: Profit Jumps 57% But Misses Estimates
Oct 22, 2024
POPULAR
1
Maharashtra Election Results 2024: Full List Of Mahayuti Winners —Devendra Fadnavis, Eknath Shinde, Ajit Pawar
2
Maharashtra Election Results 2024: BJP Dominates Pune, Followed By Ajit Pawar's NCP, Here Are The Winners
3
Maharashtra Election Results 2024: Maha Vikas Aghadi Only Wins 46 Seats, Here Are The Victors
4
Maharashtra Election Results 2024: Eknath Shinde, Ajit Pawar Among High Margin Winners
5