Oil production from its Rajasthan fields rose 12% to 189,304 barrels per day in the fourth quarter
Lower revenue, higher expense drags bottomline
Higher other income, stable margin, lower provisions aid earnings growth
Net profit up 23%; high tax rate caps earnings growth despite improvement in asset quality, margin and lower costs
Higher net sales, lower tax expenses lent support to company's bottomline
Company has crossed Rs 1,000 cr turnover during fiscal year ended March 2014
However, net sales of the company rose to Rs 3,297.40
Company's net profit stood at Rs 81.74 crore in the year ago period
Company had posted a net profit of Rs 316.16 crore in the January-March quarter of 2012-13
Company had posted a profit of Rs 2,166 crore in the same quarter of the previous financial year
Company had reported Rs 2.74 crore during the corresponding period of the previous year
Better-than-expected performance in the refining business surprises analysts
Turnover went up 19% to Rs 3,639 cr in the fourth quarter of FY14 compared to Rs 3,051 cr a year ago
Net profit rises 59%; company says pipeline robust, demand strong
Despite better-than-expected results, company gives tepid forecast for QI FY15, cites seasonal weakness
The company also declared an interim dividend of Rs 3 per share for the financial year ended December 31, 2014
Net sales grew 21.7% to Rs 11,703.6 crore in the quarter from Rs 9,613.1 crore a year earlier
Announces dividend of Rs 5 per share
Company had registered a net profit of Rs 169.01 crore during the same period last year
EBIT margin at 24.7%, dollar revenue at $1,361 mn