Lk Gupta

The company recorded forex gain of Rs 146 crore in October-December 2013 period.

Focus going forward will be more on city outlets: Essar Oil

We have a model of franchise owned franchise operated but we are now rethinking in terms of remodeling our strategy more towards company owned company operated, company owned dealer operated: Essar Oil

Essar Oil posts Rs 71 cr loss for July-Sept quarter

Essar Oil earned USD 6.93 on turning every barrel of crude oil into fuel during the quarter as compared to a gross refining margin of Rs 7.86 per barrel in the same period a year ago.

Storyboard: LK Gupta recommends must follow on Twitter

This week, we have LK Gupta from e-commerce portal RedBus.in. And he's recommending whom you should be following on Twitter.

Essar Oil eyes reasonable debt/EBITDA figures in next 2yrs

LK Gupta, MD & CEO of Essar Oil believes that it will be able to reach a reasonable figure of debt to EBITDA in next two years time.

Essar oil hopes to refinance $1.8bn of debt in 3-6 months

Essar Oil has RBI approval for refinancing upto USD 2.27 billion of rupee debt to dollars, and so far it has refinanced USD 481 million.

Essar Oil returns to profit in Q4 on refining margins

Essar Oil posted Rs 200 crore profit on the back of robust refining margins and forex gain.

Hope to complete CDR process by this quarter-end: Essar Oil

LK Gupta, managing director and chief executive officer of Essar Oil says, CDR process is just in the final last leg of completion. "We hope that by end of this quarter we should be out of CDR," he adds.

Confident of meeting any repayment schedule: Essar Oil

The government of Gujarat has made it clear that Essar Oil will not be given any concessions with respect to sales tax. LK Gupta, managing director and chief executive officer of Essar Oil is confident of meeting any repayment schedule which the company finally agrees with the Gujarat Government.