Cairn India said a steep drop in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company declined 32.71% to Rs 22,778.80 million from Rs 33,850.80 million in the same quarter last year.
Net sales for the quarter declined 14.36% to Rs 39,820.50 million, compared with Rs 46,499.10 million for the prior year period.
Earnings per share for the quarter stood at Rs 12.10, registering 31.56% decline over previous year period.
| Quarterly Results - consolidated (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 39,820.50 | 46,499.10 | (14.36) |
| Net Profit | 22,778.80 | 33,850.80 | (32.71) |
| Basic EPS | 12.10 | 17.68 | (31.56) |
Shares of the company gained Rs 1.75, or 0.63%, to settle at Rs 278.25. The total volume of shares traded was 246,764 at the BSE (Tuesday).
