Essar Oil has reported results for third quarter ended December 31, 2011.
The company has reported a net loss of Rs 3986.00 crore for the quarter ended December 31, 2011 as compared to a net profit of Rs 273.00 crore for the same quarter in the previous year. Total income has increased by 4.93% from Rs 12333.00 crore for Q3FY11 to Rs 12941.00 crore in the quarter under review.
Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration and production to refining and oil retail.