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Essar Oil reports Q3 net profit of Rs 273 crore

Essar Oil reports Q3 net profit of Rs 273 crore
PTI
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First Published: Mon, Jan 17 2011. 03 03 PM IST
Updated: Mon, Jan 17 2011. 03 03 PM IST
New Delhi: Essar Oil Ltd on Monday reported a net profit of Rs 273 crore for the quarter ended 31 December 2010 as against a net loss of Rs 226 crore in the year ago period.
Net sales was up 23% to Rs 12,495 crore in the October-December quarter, the company said in a filing to the stock exchanges.
During April-December, the company reported a net profit of Rs 333 crore as opposed to a loss of Rs 150 crore in the first nine months of previous fiscal.
Net sales was up 28.7% to Rs 34,341 crore.
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First Published: Mon, Jan 17 2011. 03 03 PM IST