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Cairn India reports 18% rise in Q4 consolidated net profit

23 Apr 2014 Evaluate

Cairn India has reported results for fourth quarter and year ended March 31, 2014.

The company has posted a rise of 12.95% in its net profit for the period after giving impact of scheme of arrangement for earlier periods at Rs 1755.93 crore for the quarter ended March 31, 2014 as compared to Rs 1554.57 crore for the same quarter in the previous year. Total income of the company has increased by 18.87% at Rs 2993.21 crore for quarter under review as compared to Rs 2517.98 crore for the quarter ended March 31, 2013.

On consolidated basis, the company has reported 18.41% rise in its net profit for the period after giving impact of scheme of arrangement for earlier periods at Rs 3035.44 crore for the quarter ended March 31, 2014 as compared to Rs 2563.60 crore for the same quarter in the previous year. Total income of the company has soared by 13.75% at Rs 5212.82 crore for quarter under review as compared to Rs 4582.52 crore for the quarter ended March 31, 2013.

For the year ended March 31, 2014, the company has posted a fall of 49.45% in its net profit for the period after giving impact of scheme of arrangement for earlier periods at Rs 7454.33 crore as compared to Rs 14746.77 crore for the same period in the previous year. Total income of the company has surged by 17.11% at Rs 11829.17 crore for year under review as compared to Rs 10100.65 crore for the period ended March 31, 2013.

For the year ended March 31, 2014, on the consolidated basis, the company has posted a rise of 3.11% in its net profit for the period after giving impact of scheme of arrangement for earlier periods at Rs 12431.79 crore as compared to Rs 12056.39 crore in FY13. Total income of the company has increased by 9.18% at Rs 20264.41 crore for year under review as compared to Rs 18560.39 crore for the period ended March 31, 2013.

 

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