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Mercator Q3 net loss narrows to Rs 64.22 cr

The company had posted a net loss of Rs 449.77 crore during the same period a year ago, Mercator said in a BSE filing.

February 13, 2020 / 09:22 PM IST
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Shipping firm Mercator Ltd on Thursday reported narrowing of consolidated net loss to Rs 64.22 crore during the quarter ended December.

The company had posted a net loss of Rs 449.77 crore during the same period a year ago, Mercator said in a BSE filing.

Total income during the quarter under review stood at Rs 172.89 crore as against Rs 427.66 crore in the year-ago period.

Total expenses were at Rs 234.02 crore as compared with Rs 588.82 crore in October-December 2018.
PTI
first published: Feb 13, 2020 09:14 pm

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