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Shiv-Vani Oil reports 32% jump in its Q4 net profit

18 May 2011 Evaluate

Shiv-Vani Oil & Gas Exploration Services has reported results for the quarter and the year ended March 31, 2011.

The company’s net profit for the fourth quarter has surged by 32.46% at Rs 62.23 crore as compared to Rs 46.98 crore for the same quarter last year. Its net profit/ income from operation has increased by 34.02% at Rs 401.30 crore for the quarter under review from Rs 299.43 crore in the corresponding previous quarter.

The company has registered growth of 15.20% in its net profit for the current year at Rs 229.38 crore as compared to Rs 199.12 crore for the previous year. Its net profit/ income from operation has increased by 16.79% at Rs 1462.19 crore for the year from Rs 1252.01 crore in previous year.

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Company Name CMP
ONGC 283.70
Oil India 453.95
Jindal Drilling&Inds 533.40
Deep Industries 465.30
Asian Energy Service 295.00
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