Finance

Cairn India posts Rs.347 crore net profit in Q4

0

Mumbai, April 22 (IANS) Oil and gas exploration company Cairn India on Friday said it posted a standalone net profit of Rs.347.18 crore for the quarter ending March 31, 2016, against a net loss of Rs.1,044.13 crore in the corresponding quarter of last year.

According to the audited financial results posted on the Bombay Stock Exchange (BSE), Cairn India earned a total income of Rs.1,466.76 crore in the quarter under review compared to Rs.1,665.74 crore posted in Q4 2014-15.

On a consolidated basis, the company’s net loss rose to Rs.10,948.22 crore in Q4 2015-16 from Rs.240.82 crore in the year ago quarter.

Cairn India’s standalone net profit for the year ending March 31, 2016 declined to Rs.853.53 crore from Rs.1,320.03 crore clocked in 2014-15.

On a consolidated basis, the company suffered an annual net loss of Rs.9,431.88 crore in 2015-16 against a net profit of Rs.4,479.6 crore in the last fiscal.

Related Posts Plugin for WordPress, Blogger...
Nagaraju Tadakaluri
Nagaraju Tadakaluri is a Professional Web Designer, Freelance Writer, Search Engine Optimizer (SEO), Online Marketer, Multi Level Marketer (MLM) and Business Promoter. Have developed Latest Updates in hopes to educate, inform and inspire.

SC to hear MCA plea for holding IPL matches in Maharashtra

Previous article

Vistara partners TCS for IT services

Next article

You may also like

Comments

Comments are closed.

More in Finance