Consolidated total income from operations of the company grew 15.8 percent year-on-year to Rs 1,028 crore from Rs 888 crore, which was lower than analysts' expectations of Rs 1,070 crore.
Aban Offshore , which provides offshore drilling services to oil companies, reported a 105 percent growth in consolidated net profit at Rs 153 crore in the quarter ended June 2014 compared to Rs Rs 74.7 crore in the year-ago period, beating street forecast of Rs 110 crore.
Consolidated total income from operations of the company grew 15.8 percent year-on-year to Rs 1,028 crore from Rs 888 crore, which was lower than analysts' expectations of Rs 1,070 crore. Operating profit (EBITDA) jumped 25 percent on yearly basis to Rs 598 crore and margin expanded by 420 basis points to 58.2 percent in the quarter gone by. Analysts had expected both at Rs 605 crore and 56.5 percent, respectively.
Aban Offshore , which provides offshore drilling services to oil companies, reported a 105 percent growth in consolidated net profit at Rs 153 crore in the quarter ended June 2014 compared to Rs Rs 74.7 crore in the year-ago period, beating street forecast of Rs 110 crore.
Consolidated total income from operations of the company grew 15.8 percent year-on-year to Rs 1,028 crore from Rs 888 crore, which was lower than analysts' expectations of Rs 1,070 crore. Operating profit (EBITDA) jumped 25 percent on yearly basis to Rs 598 crore and margin expanded by 420 basis points to 58.2 percent in the quarter gone by. Analysts had expected both at Rs 605 crore and 56.5 percent, respectively.
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