Aban Offshore has reported results for second quarter ended September 30, 2016.
The company has reported 20.18% fall in its net profit at Rs 64.07 crore for the quarter under review as compared to Rs 80.27 crore for the same quarter in the previous year. Total income of the company decreased by 8.09% at Rs 258.32 crore for the quarter under review as compared Rs 281.07 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net loss after taxes, minority interest and share of profit/(loss) of associates of Rs 274.74 crore for the quarter ended September 30, 2016 as compared to Rs 59.56 crore for the same quarter in the previous year. Total Income of the company has decreased by 59.86% to Rs 400.44 crore for quarter under review from Rs 997.69 crore for the quarter ended September 30, 2015.
| Company Name | CMP |
|---|---|
| ONGC | 283.95 |
| Oil India | 470.10 |
| Jindal Drilling&Inds | 540.15 |
| Deep Industries | 476.90 |
| Asian Energy Service | 306.05 |
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