Cairn India reported an 11% dip in net profit at Rs 2,186 crore for the quarter ended March 31, 2012 as against Rs 2,458 crore in the same quarter a year ago.
However, total income increased marginally to Rs 3,743.6 crore from Rs 3,692.8 crore in March 2011.
The net profit decrease may be partly attributed to the forex loss of Rs 217 crore incurred during the quarter. It was Rs 38 crore in the same period a year ago.
The oil major produced better numbers in FY12. Net profit for the financial year ended March 2012 increased 25% to Rs 7,937.7 crore from Rs 6,334.4 crore in the financial year ended March 2011.
Total income also increased 23% to Rs 12,798.6 crore as against Rs 10,406.7 crore in March 2011.
Cairn India's scrip was trading 1% lower on Bombay Stock Exchange at Rs 346.