Bharati Shipyard has reported a standalone net loss of Rs 219.92 crore for the quarter ended September 30. The company had reported a net loss of Rs 44.96 crore in the year-ago period, it said in a BSE filing. The total income from operations increased to Rs 10.96 crore during the quarter under review as against Rs 6.58 crore in the year-ago period.
Bharati Shipyard, a leading private sector shipyard, is engaged in design and construction of sea-going, coastal, harbour, inland crafts and vessels. The product range which initially was limited to simple inland cargo barges, deep-sea trawlers and dredgers has now been upgraded to building maneuverable and power-packed ocean going tractor tugs, cargo ships, tankers and other support vessels required for the offshore industry.
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