Cairn India, on consolidated basis registered increase in loss for the year ended Dec. 31 2007. During the period, net loss rises 15.92% to Rs 245.442 million as against Rs 211.742 million in the year ended December 2006.
Total income rose phenomenally 25.46 times to Rs 11,446.716 million for the year ended December 2007 from Rs 449.632 million for the year ended Dec. 31, 2006.
On Standalone basis, Cairn India loss widened in the year ended December 2007. The company`s net loss widens 2.69 times to Rs 788.16 million in 2007 from Rs 292.24 million for the year ended Dec. 31, 2006.
Total income rose 5.75 times to Rs 339.62 million for the year ended December 2007 from Rs 59 million for the year ended Dec. 31, 2006.
Shares of the company declined Rs 11.8, or 5.13%, to trade at Rs 218.3. The total volume of shares traded was 607,965 at the BSE. (10.27 a.m., Monday).
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