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Essar Ports reports net loss of Rs 21.29 crore in the June 2011 quarter

Capital Market / 15:17 , Aug 09, 2011

Sales reported at Rs 7.02 crore

Essar Ports reported net loss of Rs 21.29 crore in the quarter ended June 2011. Sales reported to Rs 7.02 crore in the quarter ended June 2011. As per the scheme of arrangement, the company demerged the Shipping & Logistics business and Oilfield services business with effect from 01 October 2010. Hence, the current quarter ended June 2011 is not comparable with the previous quarter ended June 2010.

 



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