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Ports | November 01, 2013
#39879

Essar Ports profit up by 21%

For the quarter ended 30 September, Essar Ports on October 31 reported a 21 per cent more in net profit as it won more business from affiliates. Profit after tax rose to Rs 97.5 crore in the quarter from Rs 80.5 crore in the year-ago period.    The company's net sales rose 14 per cent to Rs 398.1 crore from Rs.348.3 crore. The port company handled 13.01 million tonne of cargo handled during the quarter, up from 12.7 million tonnes a year ago.

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