Essar Ports has reported unaudited results for the first quarter ended June 30, 2011.
The company’s net profit for the quarter ended June 30, 2011 rose by 0.33% at Rs 39.61 crore as compared to Rs 39.48 crore for the corresponding quarter last year. Its net sales soared 72.05% at Rs 274.58 crore for the quarter under review from Rs 159.59 crore for the same quarter last 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.
