Hindustan Oil Exploration has reported results for fourth quarter and year ended March 31, 2018.
The company has reported a rise of 67.51% in its net profit at Rs 16.45 crore for the quarter ended March 31, 2018 as compared to Rs 9.82 crore for the same quarter in the previous year. Total income of the company increased by over 2 fold to Rs 25.61 crore for quarter under review as compared to Rs 11.30 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a rise of 4.01% in its net profit at Rs 37.84 crore as compared to Rs 36.38 crore for the same period in the previous year. Total income of company increased by 42.84% at Rs 60.15 crore for year under review as compared to Rs 42.11 crore for the period ended March 31, 2017.
