Essar Shipping Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was INR 676 million compared to INR 936.4 million a year ago. Net loss was INR 892.8 million compared to net income of INR 14.2 million a year ago. Basic loss per share was INR 4.6 compared to basic earnings per share of INR 0.06 a year ago. For the nine months, sales was INR 2,222.9 million compared to INR 2,660.9 million a year ago. Net loss was INR 1,438.3 million compared to INR 1,904.8 million a year ago. Basic loss per share was INR 7.11 compared to INR 9.15 a year ago.