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Aban Offshore reports net loss of Rs 21.62 crore for Q1

06 Aug 2011 Evaluate

Aban Offshore has reported unaudited results for the first quarter ended June 30, 2011.

The company has reported a net loss of Rs 21.62 crore for the quarter ended June 30, 2011 as compared to a net profit of Rs 71.04 crore for the corresponding quarter last year. Its income from operation has fallen by 44.90% at Rs 181.30 crore for the quarter under review from Rs 329.06 crore for the same quarter last year.

On Consolidated basis, the Group has reported a net profit of Rs 88.60 crore for the quarter as compared to a net loss of Rs 325.71 crore for the corresponding quarter of the previous Fiscal. Its total Income has decreased by 13.97% at Rs 737.09 crore for Q1FY12 from Rs 856.75 crore for the Q1FY11.

Aban Offshore Share Price

20.07 0.00 (0.00%)
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