Tuesday, April 29, 2008
Cairn India reports net loss of Rs 8.74 crore in the March 2008 quarter
Cairn India reported net loss of Rs 8.74 crore in the quarter ended March 2008 as against net loss of Rs 8.54 crore during the previous quarter ended March 2007. Sales rose 78.00% to Rs 0.89 crore in the quarter ended March 2008 as against Rs 0.50 crore during the previous quarter ended March 2007.
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Another Fact that seems to be missing for some strange reason....
Cairn India Ltd, has posted an impressive 209 per cent growth in consolidated net profit at Rs 116.43 crore during the first quarter ended March 31, 2008 as compared to Rs 37.56 crore in the corresponding period last year. Total consolidated income of the group increased marginally by 24 per cent to Rs 337.60 crore from Rs 272.55 crore during the period under consideration.
Shares of the company were trading at Rs 263.35, up 1.72 per cent on BSE in morning trade
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