Hindustan Oil Exploration Company reports net loss of Rs 116.03 crore in the March 2014 quarter

Sales decline 60.35% to Rs 13.23 crore

Net Loss of Hindustan Oil Exploration Company reported to Rs 116.03 crore in the quarter ended March 2014 as against net loss of Rs 28.33 crore during the previous quarter ended March 2013. Sales declined 60.35% to Rs 13.23 crore in the quarter ended March 2014 as against Rs 33.37 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 124.81 crore in the year ended March 2014 as against net loss of Rs 550.83 crore during the previous year ended March 2013. Sales declined 44.89% to Rs 59.85 crore in the year ended March 2014 as against Rs 108.61 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales13.2333.37 -60 59.85108.61 -45 OPM %-262.8178.72 --44.7059.33 - PBDT-39.1125.54 PL -34.6265.50 PL PBT-72.39-28.33 -156 -137.67-21.95 -527 NP-116.03-28.33 -310 -124.81-550.83 77

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