Hindustan Oil Exploration Company reports standalone net loss of Rs 6.03 crore in the March 2015 quarter

Sales decline 43.39% to Rs 7.49 crore

Net Loss of Hindustan Oil Exploration Company reported to Rs 6.03 crore in the quarter ended March 2015 as against net loss of Rs 116.03 crore during the previous quarter ended March 2014. Sales declined 43.39% to Rs 7.49 crore in the quarter ended March 2015 as against Rs 13.23 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 1221.01 crore in the year ended March 2015 as against net loss of Rs 124.81 crore during the previous year ended March 2014. Sales declined 32.48% to Rs 40.41 crore in the year ended March 2015 as against Rs 59.85 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales7.4913.23 -43 40.4159.85 -32 OPM %-49.27-262.81 --2907.70-44.70 - PBDT-2.31-39.11 94 -1182.21-34.62 -3315 PBT-6.03-72.39 92 -1221.01-137.67 -787 NP-6.03-116.03 95 -1221.01-124.81 -878

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