Hindustan Oil Exploration Company reports standalone net profit of Rs 9.82 crore in the March 2017 quarter

Sales rise 37.41% to Rs 7.97 crore

Net profit of Hindustan Oil Exploration Company reported to Rs 9.82 crore in the quarter ended March 2017 as against net loss of Rs 1.83 crore during the previous quarter ended March 2016. Sales rose 37.41% to Rs 7.97 crore in the quarter ended March 2017 as against Rs 5.80 crore during the previous quarter ended March 2016.

For the full year,net profit rose 942.41% to Rs 36.38 crore in the year ended March 2017 as against Rs 3.49 crore during the previous year ended March 2016. Sales declined 11.71% to Rs 25.02 crore in the year ended March 2017 as against Rs 28.34 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales7.975.80 37 25.0228.34 -12 OPM %27.35-66.55 -14.875.36 - PBDT5.51-1.27 LP 20.8010.36 101 PBT3.40-4.28 LP 11.31-1.72 LP NP9.82-1.83 LP 36.383.49 942

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