Hindustan Oil Exploration Company consolidated net profit rises 83.07% in the March 2021 quarter

Sales decline 13.97% to Rs 28.82 crore

Net profit of Hindustan Oil Exploration Company rose 83.07% to Rs 21.20 crore in the quarter ended March 2021 as against Rs 11.58 crore during the previous quarter ended March 2020. Sales declined 13.97% to Rs 28.82 crore in the quarter ended March 2021 as against Rs 33.50 crore during the previous quarter ended March 2020.

For the full year,net profit declined 61.17% to Rs 53.42 crore in the year ended March 2021 as against Rs 137.56 crore during the previous year ended March 2020. Sales declined 43.65% to Rs 113.86 crore in the year ended March 2021 as against Rs 202.05 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales28.8233.50 -14 113.86202.05 -44 OPM %40.4931.73 -47.5461.67 - PBDT11.9815.25 -21 61.20140.48 -56 PBT6.4410.01 -36 37.83111.10 -66 NP21.2011.58 83 53.42137.56 -61

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