Essar Ports said a marginal rise in consolidated net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 4.61% to Rs 983.40 million from Rs 940.10 million in the same quarter last year.

Net sales for the quarter rose 15.34% to Rs 4,346.80 million, compared with Rs 3,769 million for the prior year period.

Earnings per share for the quarter stood at Rs 2.26, registering 3.67% growth over previous year period.

Rajiv Agarwal, managing director, Essar Ports, commented, ''The Company has achieved another quarter of consistently strong performance. We are quite bullish at the moment with a few of our projects expected to start operations during this year. There is a significant opportunity for the Indian Port Sector to multiply capacity and traffic, over the next few years, which is being further strengthened through the Government’s focus on the ‘Make in India’ campaign. We are well positioned to capture the growth.''