Selan Exploration FY09 net jumps three-fold to Rs 47cr

Oil explorer Selan Exploration Technology today said its net profit for the year ended March 31, jumped three folds to Rs 46.64 crore.

The company had a net profit of Rs 12.91 crore for the same period ended March 2008, Selan Exploration said in a filing to the Bombay Stock Exchange.

Net sales of the company rose to Rs 99.89 crore for the period under review, from Rs 34.46 crore in the same period last fiscal.

Shares of Selan Exploration Technology were trading  at Rs 151.50, up 0.97 per cent on the BSE.