Essar Ports has reported results for third quarter ended December 31, 2012.
The company has reported a net loss of Rs 11.87 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 0.01 crore for the same quarter in the previous year. However, total income of the company has increased by 29.91% at Rs 11.51 crore for quarter under review as compared to Rs 8.86 crore for the quarter ended December 31, 2011.
On consolidated basis, the company has posted growth of over two-fold in its net profit at Rs 90.42 crore for the quarter as compared to Rs 44.98 crore for the same quarter in the previous year. Total income of the company has increased by 34.58% at Rs 365.97 crore for quarter under review as compared to Rs 271.94 crore for the quarter ended December 31, 2011.
