Essar Shipping Limited announced standalone audited earnings results for the quarter and year ended March 31, 2019 and consolidated audited earnings results for the year ended March 31, 2019. For the quarter, on standalone basis, the company reported income from operations of INR 1,136.4 million compared to INR 1,630.4 million a year ago. Total income from operations of INR 1,442.1 million compared to INR 1,898.3 million a year ago. Loss after tax was INR 14,251.8 million compared to profit after tax was INR 1,805.7 million a year ago. Basic loss per share after exceptional items were INR 68.86 compared to earnings per share after exceptional items of INR 8.72 a year ago. For the year, on standalone basis, the company reported income from operations of INR 4,919.2 million compared to INR 6,434.1 million a year ago. Total income from operations of INR 5,350.4 million compared to INR 7,035.5 million a year ago. Loss after tax was INR 15,934.9 million compared to profit after tax was INR 461.7 million a year ago. Basic loss per share after exceptional items were INR 76.99 compared to earnings per share after exceptional items of INR 2.23 a year ago. For the year, on consolidated basis, the company reported total income from operations of INR 13,664.8 million compared to INR 12,872.3 million a year ago. Loss for the year after share of loss of associate attributable to the shareholders of the parent was INR 37,753.1 million compared to INR 16,648.3 million a year ago. Basic loss per share after exceptional items were INR 350.61 compared to INR 81.4 a year ago.