Essar Shipping has reported results for third quarter ended December 31, 2012.
The company has reported a net loss of Rs 10.45 crore for the quarter as compared to a net profit of Rs 17.79 crore for the same quarter in the previous year. However, total income from operation of the company has increased by 25.34% at Rs 361.31 crore for quarter under review as compared to Rs 288.27 crore for the quarter ended December 31, 2011.
Essar Shipping has an enviable track record of accident free/pollution free transportation. The company, through its operating track record of over 30 years has significant expertise in sea transportation and supply chain management services to steel industry, cement industry, refining industry, fertilizer industry and electricity generating companies.
