Mumbai: Drilling and oil field services provider Aban Offshore said that it has posted a 30-fold jump in its net profit at Rs267.62 crore for the quarter ended 30 September, over the corresponding period a year ago.
The company had a net profit of Rs8.99 crore for the second quarter last fiscal, Aban Offshore said in a filing to the Bombay Stock Exchange (BSE).
Total income rose to Rs984.12 for the quarter under review, from Rs515.96 crore for the same quarter last fiscal.
On the standalone basis, the company has posted a net profit of Rs81.34 crore for the quarter ended 30 September, from Rs47.21 crore for the corresponding period year ago.
Total income of Aban Offshore rose to Rs290.15 crore for the second quarter latest fiscal, against Rs187.38 crore for the same quarter previous fiscal.