Essar Shipping Q1 consolidated loss falls to Rs 16 crore
- Country:
- India
Essar Shipping on Wednesday reported a narrowing of consolidated loss to Rs 15.64 crore in the first quarter ended June.
The company had clocked a consolidated loss of Rs 311.43 crore in the corresponding quarter a year ago, the company said in a regulatory filing.
Its total income from operations in the June 2022 quarter declined to Rs 24.59 crore as against Rs 154.79 crore in the year-ago period.
The firm's total expenses stood at Rs 86.16 crore. It was at Rs 284.13 crore last year.
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