Essar Ports handled a “record” 180 ships through its various terminals during Oct-Dec 2012 quarter, as against 114 ships handled for the corresponding quarter of last year.
Meanwhile, the port aims to raise its cargo handling capacity to 158 million tonne per annum from the present 104 mn t.
As part of this plan, the firm is currently developing a terminal at Paradip Port which will be a coal berth of 14 mn mtpa.
Meanwhile, net profit of the firm grew two-fold to Rs 90.4 crore for the quarter ended December 31, 2012 compared to Rs 45 crore in the corresponding period last year.
The revenue for the third quarter increased 33 percent to Rs 367 crore in the current quarter crore from Rs 276.8 crore.
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