Power plant operator and oil refiner Essar Energy
The company, which is 77 percent-owned by privately held Indian conglomerate Essar Group, said operational earnings before interest, tax, depreciation and amortisation (EBITDA) was $383 million for the six months ended September 30.
The company, which recently changed its accounting period, reported operational EBITDA of $324 million in the six months to June 30, 2011.
Essar said Stanlow, the second largest UK refinery which Essar acquired from Royal Dutch Shell
The company's power business continues to be hit by regulatory and coal supply issues in India, where it is struggling to obtain the permits it requires to mine the coal needed to fuel its stations.