Media reports say that Varun Shipping Company reported a net Loss of Rs 54.94 crore in the quarter ended September 2013 as against net loss of Rs 116.03 crore during the previous quarter ended September 2012. Sales declined by 58.48 per cent to Rs 35.63 crore in the quarter ended September 2013 as against Rs 85.82 crore during the previous quarter ended September 2012.
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Essar Shipping posts loss of Rs 11.20 cr
Essar Shipping has announced a net loss of Rs.11.20 crore for the quarter ended September 30, 2013 against (Rs.35.99) crore for the quarter ended September 30, 2012. The company announced the the financial results for the period ended September 30, 2013.