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Hindustan Oil Exploration Company consolidated net profit declines 84.25% in the December 2020 quarter

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Capital Market

Sales decline 43.80% to Rs 27.82 crore

Net profit of Hindustan Oil Exploration Company declined 84.25% to Rs 8.40 crore in the quarter ended December 2020 as against Rs 53.34 crore during the previous quarter ended December 2019. Sales declined 43.80% to Rs 27.82 crore in the quarter ended December 2020 as against Rs 49.50 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales27.8249.50 -44 OPM %46.2369.09 -PBDT14.3539.15 -63 PBT8.1731.50 -74 NP8.4053.34 -84

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First Published: Feb 08 2021 | 4:13 PM IST

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