Cairn India has reported results for third quarter ended December 31, 2014.
The company has registered 62.31`% fall in its net profit at Rs 555.34 crore for the quarter under review as compared to Rs 1473.39 crore for the same quarter in the previous year. Total income of the company has decreased 25.38% at Rs 2018.81 crore for Q3FY15 as compared Rs 2705.40 crore for the corresponding quarter previous year.
On the consolidated basis, the company’s net profit declined by 53.20% to Rs 1349.64 crore for the Q3 FY15 as compared to Rs 2884.04 crore in Q3 FY14. The total income dropped 19.77% to Rs 4020.57 crore in the quarter under review as compared to Rs 5011.28 crore in the corresponding quarter previous year.
