Hindustan Oil Exploration Company standalone net profit rises 67.52% in the March 2018 quarter

Sales rise 191.47% to Rs 23.23 crore

Net profit of Hindustan Oil Exploration Company rose 67.52% to Rs 16.45 crore in the quarter ended March 2018 as against Rs 9.82 crore during the previous quarter ended March 2017. Sales rose 191.47% to Rs 23.23 crore in the quarter ended March 2018 as against Rs 7.97 crore during the previous quarter ended March 2017.

For the full year,net profit rose 4.01% to Rs 37.84 crore in the year ended March 2018 as against Rs 36.38 crore during the previous year ended March 2017. Sales rose 94.68% to Rs 48.71 crore in the year ended March 2018 as against Rs 25.02 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales23.237.97 191 48.7125.02 95 OPM %41.9727.35 -64.2014.87 - PBDT14.765.51 168 41.7020.80 100 PBT16.453.40 384 33.3511.31 195 NP16.459.82 68 37.8436.38 4

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