Wednesday 28 January 2015

Aban Offshore shines on reporting 62% rise in Q3 consolidated net profit

     The company has registered 9.95% fall in its net profit at Rs 56.72 crore for the quarter under review as compared to Rs 62.99 crore for the same quarter in the previous year. Total income of the company has decreased 19.35% at Rs 199.55 crore for Q3FY15 as compared Rs 247.44 crore for the corresponding quarter previous year.
     On the consolidated basis the company’s net profit after minority interest and share in profit of associate rose 61.92% to Rs 129.99 crore for the Q3 FY15 as compared to Rs 80.28 crore in Q3 FY14. Moreover, the total income increased marginally by 0.95% to Rs 1016.45 crore in the quarter under review as compared to Rs 1006.88 crore in the corresponding quarter previous year.,
     Aban Offshore is currently trading at Rs. 498.00, up by 17.00 points or 3.53% from its previous closing of Rs. 481.00 on the BSE.

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