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Mercator Q3 net loss narrows to Rs 64.22 cr

Press Trust of India  |  New Delhi 

Shipping firm Mercator Ltd on Thursday reported narrowing of consolidated net loss to Rs 64.22 crore during the quarter ended December.

The company had posted a net loss of Rs 449.77 crore during the same period a year ago, Mercator said in a BSE filing.

Total income during the quarter under review stood at Rs 172.89 crore as against Rs 427.66 crore in the year-ago period.

Total expenses were at Rs 234.02 crore as compared with Rs 588.82 crore in October-December 2018.

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

First Published: Thu, February 13 2020. 20:46 IST