Monday 10 February 2014

Essar Oil reports 62% jump in Q3 net profit

Essar Oil has reported results for third quarter ended December 31, 2013.

The company has reported 62.50% rise in its net profit at Rs 52 crore for the quarter, as compared to Rs 32 crore for the same quarter in the previous year. Total income of the company increased by 5.39% at Rs 25355 crore for quarter under review as compared to Rs 24056 crore for the quarter ended December 31, 2012.

Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to refining and oil retail.

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