Essar Energy Posts H1 Loss

Essar Energy PLC

swung to a pretax loss for the six months to Sept. 30. Essar Energy posted a pretax loss of 282.8 million dollars for the period, versus a year-ago profit of 278.5 million dollars. Its revenue gained to $12.8 billion from $6.53 billion, while operational EBITDA surged 18% to $382.9 million from $324.4.