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  • Expect to conclude sale of oil & gas arm by Feb end: Mercator

    Expect to conclude sale of oil & gas arm by Feb end: Mercator

    Speaking to CNBC-TV18, Shalabh Mittal, MD and CEO of Mercator said that the company is focused on deleveraging its balancesheet and has brought down debt to Rs 2,000 crore against Rs 3,000 crore in the first 9 months of FY17.

  • Q1 show sustainable, coal price rise to boost margins: Mercator

    Q1 show sustainable, coal price rise to boost margins: Mercator

    In an interview with CNBC-TV18, MD & CEO Shalabh Mittal said Mercator will sustain its Q1 performance going forward with the rise in coal price boosting margins.

  • Mercator eyes growth from govt plans to invest in marine infra

    Mercator eyes growth from govt plans to invest in marine infra

    Shalabh Mittal, MD & CEO, Mercator an interview to CNBC-TV18 while sharing his views on first quarter numbers and business outlook going forward said in the quarter gone by they managed to post growth in most segments, especially in the dredging and tanker business.

  • Mercator expects interest cost easing to aid nos this year

    Mercator expects interest cost easing to aid nos this year

    In terms of business, Patwardhan says the company‘s coal volumes were flat in FY13. However, he expects FY14 volumes to be 'substantially better' than FY13.

  • Expect operational performance to improve in Q4: Mercator

    Expect operational performance to improve in Q4: Mercator

    Shipping firm Mercator Ltd reported a consolidated net loss of Rs 340 crore for the quarter ended December 31, 2012. The reasons for the loss as told to CNBC-TV18 by Prasad Patwardhan, CFO of the company was the subsidiary in Singapore.

  • Shipping space Q3FY13 earning estimates: Kotak Sec

    Shipping space Q3FY13 earning estimates: Kotak Sec

    Kotak Securities has come out with its earnings estimates on shipping sector for December quarter FY13. With slowing consumer demand and burgeoning order book, the container market was weak in Q3FY13 and is estimated to remain flattish in near term.

  • Offshore biz will perform better next year: Mercator Lines

    Offshore biz will perform better next year: Mercator Lines

    In an interview to CNBC-TV18, Atul Agarwal, Joint MD, Mercator Lines said, shipping continues to remain a challenge. The contribution from shipping, he said, is only 32%. He further said, the offshore division will perform better in the next year.

  • The good, the bad & the ugly of Q4 earnings

    The good, the bad & the ugly of Q4 earnings

    The score card is out and it’s been a mixed bag. Amidst inflationary worries and volatile global cues, many bigwigs disappointed this quarter while others came out with flying colours.

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