Chowgule Steamships net loss of Rs 5.67 crore in Q3

Chowgule Steamships has reported results for third quarter ended December 31, 2012.

The company has reported a net loss of Rs 5.67 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 1.56 crore for the same quarter in the previous year. Total income of the company has decreased by 46.40% at Rs 3.57 crore for quarter under review as compared to Rs 6.66 crore for the quarter ended December 31, 2011.

Chowgule Steamships is principally engaged in the carriage of goods by sea, and is committed to serve its customers to their satisfaction and mutual optimum benefits.