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Cairn India consolidated net profit declines 11 percent

Maharashtra,Business/Economy, Fri, 20 Apr 2012 IANS

Mumbai, April 20 (IANS) Cairn India Friday posted an 11 percent decline in consolidated net profit at Rs.2,186.23 crore during the quarter ended March 31 against Rs.2,457.79 crore during the like period of the previous financial year.


Total income for the quarter under review stood at Rs.3,743.61 crore compared to Rs.3,692.83 crore during the like period of 2010-11, the company said in a regulatory filing.


The net profit of the group during the year ended March 31, however, rose 25.3 percent at Rs.7,937.74 crore against Rs.6,334.4 crore during the previous financial year.


The total income stood at Rs.12,798.66 crore as compared to Rs.10,406.72 crore during 2010-11.


At the Bombay Stock Exchange, shares of the company closed 1.08 percent lower at Rs.346.80.


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