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Mercator Q2 net loss widens to Rs 46 cr

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Press Trust of India New Delhi
Mercator Ltd today reported a consolidated net loss of Rs 45.53 crore for the second quarter ended September 30.

The company's consolidated net loss after taxes, minority interest, and share of profit/loss of associates was Rs 3.09 crore in the last fiscal, it said in a regulatory filing.

Consolidated total income from operations dropped to Rs 687.57 crore from Rs 775.32 crore in the year-ago period.

Mercator is present across the energy value chain with shipping and dredging, providing end-to-end solutions to clients, comprising storage, transportation, logistics and port infrastructure.
 

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First Published: Nov 07 2015 | 7:22 PM IST

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