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Essar Shipping Q3 net loss narrows to Rs 28 cr

Press Trust of India  |  New Delhi 

today reported narrowing of its net loss to Rs 28.23 crore for the quarter ended December 31, 2017.

The Ruias-led company had posted a net loss of Rs 91.84 crore in the corresponding period of the previous fiscal.

The company's total income from operations rose to Rs 179.97 crore during the quarter under review as against Rs 149.70 crore in the year-ago quarter.

Its total expenses declined to Rs 207.91 crore as against Rs 241.43 crore earlier.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 14 2018. 19:05 IST