Essar Shipping Limited reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was INR 586.9 million compared to INR 249.1 million a year ago. Revenue was INR 1,659.4 million compared to INR 5,531.8 million a year ago.

Net income was INR 16,502.1 million compared to net loss of INR 784.9 million a year ago. Basic earnings per share from continuing operations was INR 79.8 compared to basic loss per share from continuing operations of INR 3.77 a year ago. Diluted earnings per share from continuing operations was INR 79.8 compared to diluted loss per share from continuing operations of INR 3.77 a year ago.