The mineral producer has reported a 18.4 percent (year-on-year) growth in second quarter net profit at Rs 1,566.8 crore led by strong operational performance and revenue.
Nipun Sharma, Research Analyst, Mirae Asset Mgmt tells CNBC-TV18 that unless the government reduces loses in the sector and provides a reliable subsidy sharing mechanism, investor interest is going to be hard to come by in the oil and gas space.