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Essar Oil reports net loss of Rs 3,986 crore in Q3

20 Feb 2012 Evaluate

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.

Peers
Company Name CMP
Reliance Industries 1226.00
Indian Oil Corpn. 135.80
Bharat PetroleumCorp 307.55
HPCL 351.50
MRPL 164.85
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