Cairn India Q1 net loss at Rs.85.436 million

Cairn India Ltd has announced the Unaudited results for the quarter ended March 31, 2007.

The Company has posted a net loss after tax of Rs 85.436 million for the quarter ended March 31, 2007. Total Income is Rs 126.024 million for the quarter ended March 31, 2007.

The Consolidated results are as follows: The Group has posted a net Profit after tax & minority interest of Rs 375.620 million for the quarter ended March 31, 2007. Total Income is Rs 2725.521 million for the quarter ended March 31, 2007.

The stock closed the day at Rs.134.25, down by Rs.4.65 or 3.35%. The total traded quantity was 332276 compared to 2 week average of 837887. The stock hit an intraday high of Rs.140 and intraday low of Rs.133.

Source : Equity Bulls

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