Energetica India
International Magazine on Renewable and Conventional Power Generation
Cairn India first quarter financial results out
Audited financial results and operational achievements of Cairn India Limited and its subsidiary companies (referred to as “Cairn India”) during the financial year 2010-11 have been released.As the official release from the company, the cash flow from operations was registered INR 4,928 million (USD 108 million), which is more than four fold increase on the corresponding quarter for the previous year of INR 1,076 million (USD 22 million). Profit after tax INR 2,814 million (USD 62 million); more than six fold increase on the corresponding quarter for the previous year of INR 454 million (USD 9 million). Gross cumulative Rajasthan development capital expenditure USD 2,469 million, of which USD 177 million was spent during Q1 FY 2010-11, the official release maintained.

News posted on Thursday 29th, Jul 2010