Essar Ports has reported results for the year ended March 31, 2011.
The company has registered a fall of 25.19% in its net profit for FY11 at Rs 70.15 crore as compared to Rs 93.77 crore for FY10. Total operating income has declined 35.32% at Rs 1940.81 crore for the year from Rs 3000.45 crore in previous year.
Essar Ports is engaged in business of providing end-to-end logistics services with investments in ports and terminals, logistics services, sea transportation and oilfield drilling services.