Hindustan Oil Exploration Company standalone net profit declines 57.44% in the September 2017 quarter

Sales rise 51.35% to Rs 8.40 crore

Net profit of Hindustan Oil Exploration Company declined 57.44% to Rs 5.58 crore in the quarter ended September 2017 as against Rs 13.11 crore during the previous quarter ended September 2016. Sales rose 51.35% to Rs 8.40 crore in the quarter ended September 2017 as against Rs 5.55 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales8.405.55 51 OPM %85.83-16.94 -PBDT9.255.17 79 PBT5.581.91 192 NP5.5813.11 -57

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