Essar Shipping Limited announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, following a Board Meeting held on February 13, 2026. The company reported a standalone profit after tax of ₹217.37 crore for the quarter, significantly influenced by exceptional income. On a standalone basis, revenue from operations reached ₹0.04 crore, reflecting a 300% increase quarter-on-quarter (QoQ) but a 99.22% decrease year-on-year (YoY). Total standalone income for the quarter stood at ₹16.52 crore, compared to ₹0.02 crore in the preceding quarter and ₹78.41 crore in the same period last year.+1

Essar Shipping Limited is an Indian-based company primarily engaged in fleet operating, chartering, and management services. The company operates through its subsidiaries and associates, providing logistics and shipping solutions. Currently, the company is undergoing significant financial restructuring to address its eroded net worth and continuous operational losses. As part of its strategy to become debt-free, the management is monetizing investments in overseas subsidiaries and has recently approved the sale of its investment in DrillXplore Services Private Limited for ₹46,000. Despite these challenges, the company has recently started booking charter hire income from its tug operations.+4