Profit

Earnings review: Shreyas Shipping Q1

PUBLISHED ON: July 28, 2011 | Duration: 5 min, 28 sec

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Vinay Kshirsagar, CFO, Shreyas Shipping & Logistics Ltd, says the company suffered loss in first quarter because one of its vessels M V OEL Shreyas was due for dry docking which resulted in loss of Rs 6 crore. He adds that going forward the company has realigned its business strategy and focus.

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