Essar Oil company 2013-14 Jan to March net profit up Rs 1008 cr

Essar Oil company is the largest refinery company for India. 2013-14 Jan to March quarter net profit up Rs 1008 cr. Last year quarter fourth total income Rs 23650, now 2013-14 Jan to March quarter total income for this company Rs 25274 cr.

Last year compare Essar Oil Ltd total income raise 7%. Year on Year basis company refining margin improve USD 10.12 barrel, last financial year company gross refining margin USD 9.06 barrel.

Year on Year company EBITDA increase 32%. Earning before interest tax, depreciation and amortiation for this financial year Rs 2053 cr, financial year 2012-13 year on year EBITDA was Rs 1556 cr.

Essar Oil Ltd company reported forex gain for 2013-14 Jan to March quarter Rs 314 cr. Jan to March quarter company finance cost also down Rs 694 cr, last year same quarter company finance cost Rs 920 cr.

Essar Oil Ltd closed at 89.60 up 15.54%.

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About Saravana Iyyappan C

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