Aban Offshore Q2 net dips 16% to Rs 124 cr

Offshore drilling contractor Aban Offshore today reported 16.33 per cent decline in its consolidated net profit at Rs 124.45 crore for the second quarter ended September 30.
The company had posted a net profit of Rs 148.75 crore for the same period of previous fiscal.
Income from operations declined to Rs 990.11 crore during the second quarter, as against Rs 1,018.49 crore in the same period of previous fiscal, Aban Offshore Ltd said in a BSE filing.
Shares of Aban Offshore today ended at Rs 221.95 apiece on the BSE, unchanged from previous close.