Cairn India reports three fold jump in Q2 consolidated net profit

Cairn India has reported results for second quarter ended September 30, 2012. 

The company has reported a net loss of Rs 25.01 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 28.30 crore for the same quarter in the previous year. Total income has decreased by 12.69% at Rs 18.58 crore for quarter under review as compared to Rs 21.28 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has posted a rise of 204.34% in its net profit after tax at Rs 2322.18 crore for the quarter ended September 30, 2012 as compared to Rs 763.03 crore for the same quarter in the previous year. Total income of the company has increased by 19.56% at Rs 3879.95 crore for quarter under review as compared to Rs 3245.22 crore for the quarter ended September 30, 2011.