Cairn India net profit up 48%; to being $600 mn exploration

Jan 22 2013, 02:11 IST
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Cairn India net profit up 48%; to being $600 mn exploration. Reuters Cairn India net profit up 48%; to being $600 mn exploration. Reuters
SummaryNet profit in the October-December quarter this fiscal climbed 48 per cent to Rs 3,344.89 crore

4 per cent to Rs 4278 crore, QoQ after paying royalty for Rajasthan blocks in which it has 70 per cent participating interest.

Earnings before interest, tax, depreciation and amortisation (EBITDA) declined 4.9 per cent QoQ to Rs 3,258 crore in October-December quarter.

Cairn said it has decided to pay an interim dividend of Rs 5 a share.

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