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Aban Offshore reports 16% fall in Q2 consolidated net profit

05 Nov 2015 Evaluate

Aban Offshore has reported results for second quarter ended September 30, 2015.

The company has reported 71.57% rise in its net profit at Rs 95.24 crore for the quarter ended September 30, 2015 as compared to Rs 55.51 crore for the same quarter in the previous year. The company’s total income has increased by 28.73% to Rs 281.07 crore for the quarter under review from Rs 218.34 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 16.34% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 124.45 crore for the quarter ended September  30, 2015 as compared to Rs 148.75 crore for the same quarter in the previous year. Total income of the company has decreased by 3.50% at Rs 997.69 crore for quarter under review as compared to Rs 1033.88 crore for the quarter ended September 30, 2014.

Aban Offshore Share Price

14.64 0.69 (4.95%)
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Company Name CMP
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