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Essar Oil turns black in Q1

13 Aug 2014 Evaluate

Essar Oil has reported results for first quarter ended June 30, 2014.

The company has reported a net profit of Rs 684 crore as compared to a net loss of Rs 863 crore for the quarter ended June 30, 2013. The company’s total income has increased by 10.55% to Rs 25087 crore for the quarter under review from Rs 22692 crore for the corresponding quarter of the previous year.

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.

Peers
Company Name CMP
Reliance Industries 1323.90
Indian Oil Corpn. 146.80
Bharat PetroleumCorp 315.50
HPCL 385.60
MRPL 176.25
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