Thursday, 20 October 2011

Essar Ports Reports Q2 Net Profit of . 41 cr

NEW DELHI Ruias-promoted Essar Ports on Wednesday posted a consolidated net profit at . 40.84 crore for the July-September quarter of the current fiscal on higher realisation. The company, demerged from erstwhile Essar Shipping Ports and Logistics (ESPLL) earlier this year, said it will invest . 2,800 crore over two-and-a-half years to fund expansion.

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