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Essar Oil reports net loss of Rs 863 crore in Q1

14 Aug 2013 Evaluate

Essar Oil has reported results for first quarter ended June 30, 2013.

On standalone basis, the company has reported a net loss of Rs 863 crore for the quarter ended June 30, 2013 against net loss of Rs  1518 crore for the corresponding period last fiscal. However, total income increased by 12.80% at Rs 22,692 crore during the quarter under review from Rs 20,117 crore in the year-ago period.

Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to refining and oil retail.

Peers
Company Name CMP
Reliance Industries 1343.45
Indian Oil Corp. 144.15
BPCL 308.00
HPCL 370.15
MRPL 174.95
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