Aban Offshore net profit up 152%

Aban Offshore net profit at Rs 80.28 crore on a consolidated basis for the quarter ended December 31

Offshore drilling contractor Aban Offshore Ltd has posted an increase of 152% in net profit at Rs 80.28 crore on a consolidated basis for the quarter ended December 31, 2013, as against a net profit of Rs 31.79 crore registered during the same period of previous fiscal year. 

 

The total income stood at Rs 994.37 crore for the quarter as compared to Rs 909 crore during the corresponding period of last year, an increase of 9.4%.