Cairn India Q1 net seen at Rs 1000 cr, revenue may rise 7%

Oil & gas exploration company Cairn India is expected to report a profit of Rs 1,000 crore in the quarter ended June against loss of Rs 241 crore in March quarter, according to a CNBC-TV18 poll.

July 21, 2015 / 14:16 IST

26 Aug, 2025 12:21

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Oil & gas exploration company Cairn India is expected to report a profit of Rs 1,000 crore in the quarter ended June against loss of Rs 241 crore in March quarter, according to a CNBC-TV18 poll.

Adjusted net profit is expected to be at Rs 1,000 crore against Rs 193 crore during the same period. In March quarter, Cairn saw one off impairment hit of Rs 500 crore.

Revenue is seen rising 7.2 percent sequentially to Rs 2,870 crore and operating profit may climb 8.2 percent to Rs 1,450 crore in the quarter gone by.

Crude oil prices increased by 15 percent in June quarter on sequential basis.

first published: Jul 21, 2015 02:16 pm

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