Essar Ports reported net loss of Rs 37.37 crore in the quarter ended September 2011. Sales reported to Rs 7.92 crore in the quarter ended September 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 September 2011 is not comparable with the previous quarter ended September 2010.
In the consolidated results, the company reported net profit after minority interest of Rs 40.84 crore in the quarter ended September 2011. Sales reported to Rs 273.97 crore in the quarter ended September 2011.