Essar Shipping Ltd. News and Updates

Keep track of all breaking news on Essar Shipping Ltd. from all sources in a single place.

08 Aug 2024

28.78

-5.02%

Essar Shipping Q1 results: Net loss of Rs 34.53 cr, income at Rs 11.57 cr

Business Standard

Essar Shipping on Thursday reported a consolidated loss of Rs 34.53 crore in the first quarter ended June 2024. The company had clocked a profit of Rs 26.13 crore in the corresponding quarter a year ago, the company said in a regulatory filing to the BSE. Its total income from operations in the June quarter declined to Rs 11.57 crore, against Rs 48.48 crore in the year-ago period. The firm's total expenses stood at Rs 40.56 crore, compared to Rs 30.47 crore in the year-ago period. The company said it's current liabilities, including outstanding portion of Foreign Currency Convertible Bonds (FCCB) which have fallen due for redemption, exceed its current assets as on June 30, 2024.

Essar Shipping Ltd. has gained 15.63% in the last 1 Month

Essar Shipping Ltd.

29 May 2024

28.78

-5.02%

Essar Shipping Q4 Result: Records Rs 53 Crore Loss

NDTV Profit

Essar Shipping records Rs 53.19 crore loss in Q4 due to lower income.

Promoters initiated pledges of 14.02% of holdings in Mar 2025 qtr.

Essar Shipping Ltd.

10 Aug 2023

28.78

-5.02%

Essar Shipping Consolidated June 2023 Net Sales at Rs 10.89 crore, down 31.12% Y-o-Y

Moneycontrol

Essar Shipping Ltd. has gained 15.63% in the last 1 Month

Essar Shipping Ltd.

08 Aug 2023

28.78

-5.02%

Essar Shipping Q1 Results: Net profit rises multi-fold to 26 crore; revenue jumps 97%

livemint

Essar Shipping Q1 Results: The jump is Profit After Tax (PAT) is calculated to be a whopping 265%

Essar Shipping Ltd. is trading below its 100 day SMA of 30.4

Essar Shipping Ltd.

30 May 2023

28.78

-5.02%

Essar Shipping Standalone March 2023 Net Sales at Rs 1.39 crore, down 91.75% Y-o-Y

Moneycontrol

Essar Shipping Ltd. is trading above its 50 day SMA of 26.2

Essar Shipping Ltd.

14 Nov 2022

28.78

-5.02%

Essar Shipping Consolidated September 2022 Net Sales at Rs 16.84 crore, down 88.39% Y-o-Y

Moneycontrol

NULL

Essar Shipping Ltd. has lost -23.90% in the last 6 Months

Essar Shipping Ltd.

11 Feb 2022

28.78

-5.02%

Essar Shipping Standalone December 2021 Net Sales at Rs 18.01 crore, down 21.25% Y-o-Y

Moneycontrol

NULL

Essar Shipping Ltd. has lost -23.90% in the last 6 Months

Essar Shipping Ltd.

09 Feb 2022

28.78

-5.02%

Essar Shipping reports Rs 5.6-crore net loss for December quarter

Business Standard

Essar Shipping on Wednesday reported a consolidated net loss of Rs 5.59 crore for the quarter ended December 2021. The company had reported a loss of Rs 181.88 crore in the corresponding quarter a year ago, it said in a regulatory filing. Its total income from operations during October-December 2021 quarter declined to Rs 93.72 crore, against Rs 103.02 crore in the year-ago period. The firm's total expenses dropped to Rs 119.50 crore, compared with Rs 284.85 crore a year ago. Essar Shipping said that in line with the approval granted by the shareholders, it has monetised its fleet of vessels. The proceeds of the vessels are being utilised to reduce the debt to its secured lenders, the company said. With this monetisation and upon satisfaction of other conditions, Essar Shipping's obligation to its lenders will reduce by about Rs 1,100 crore, it added.

Essar Shipping Ltd. is trading above its 50 day SMA of 26.2

Essar Shipping Ltd.

17 Aug 2021

28.78

-5.02%

Essar Shipping Standalone June 2021 Net Sales at Rs 77.65 crore, up 68.66% Y-o-Y

Moneycontrol

NULL

Essar Shipping Ltd. is trading above its 50 day SMA of 26.2

Essar Shipping Ltd.

20 Jul 2021

28.78

-5.02%

Essar Shipping vessels engaged in exporting rice to Bangladesh

Moneycontrol

As per the recent trade agreement signed between the two neighbouring countries, Bangladesh is set to buy 150,000 tonne of rice from India. It is the first such bilateral deal in the last three years.

Essar Shipping Ltd. is trading below its 100 day SMA of 30.4

Is Essar Shipping Ltd. worth buying?

63 Votes:

Buy 66.67%

Sell 20.63%

Hold 12.7%

59.77% Fall from 52W High

Essar Shipping Ltd. News and Updates

Keep track of all breaking news on Essar Shipping Ltd. from all sources in a single place.