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Aban Offshore reports 11% fall in Q1 consolidated net profit

03 Aug 2015 Evaluate

Aban Offshore has reported results for first quarter ended June 30, 2015.

The company has reported 10.36% rise in its net profit at Rs 73.41 crore for the quarter ended June 30, 2015 as compared to Rs 66.52 crore for the same quarter in the previous year. The company’s total income has increased by 15.24% to Rs 250.52 crore for the quarter under review from Rs 217.38 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 11.35% fall in its net profit after taxes and minority interest at Rs 135.35 crore for the quarter ended June 30, 2015 as compared to Rs 152.69 crore for the same quarter in the previous year. Total income of the company has decreased by 4.47% at Rs 989.45 crore for quarter under review as compared to Rs 1035.73 crore for the quarter ended June 30, 2014.

Aban Offshore Share Price

19.07 -1.00 (-4.98%)
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