Wednesday, February 3, 2010

Cairn India Q3 cons net profit up 23% at Rs 290.96 cr

Cairn India has announced its third quarter results. The company's Q3 consolidated net sales were up 135% at Rs 495.46 crore versus Rs 210.82 crore, year-on-year, YoY.

Its consolidated net profit was up 23% at Rs 290.96 crore versus Rs 236.42 crore, YoY.

Cairn India says

Mangala average gross production in Q3 at 15,430 barrels of oil per day (bopd)

Train one currently producing 20,000 bopd

Completion of train two and three on track to be completed by H1CY10

Average oil price realization at USD 73.8 per barrel in Q3

Working interest production of 10,821 boepd from the Rajasthan block
Source: Moneycontrol.com
Courtesy moneycontrol.com








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