Essar Shipping on Wednesday reported a consolidated net loss of Rs 26.26 crore for the second quarter ended September 30.
The company had reported a consolidated net loss of Rs 87.59 crore in the corresponding quarter of the previous fiscal, Essar Shipping said in a regulatory filing to the BSE.
Its total income from operations for the quarter rose to Rs 436.90, as against Rs 330.59 crore in the year-ago quarter.
The company's total expenses increased to Rs 462.86 crore during the period under review as against Rs 417.75 crore.
The consolidated result includes result of the company, four overseas subsidiaries, two stepdown subsidiaries and associate companies.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app