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Aban Offshore records net loss of Rs 3,127.70 million

The city-based firm had recorded net loss at Rs 2,158.25 million during the corresponding period of last year.


PTI Last Updated at 30 Jul 2018, 17:07 IST India

Offshore drilling contractor Aban Offshore has recorded a consolidated net loss of Rs 3,127.70 million for the quarter ending June 30, 2018.

The city-based firm had recorded net loss at Rs 2,158.25 million during the corresponding period of last year. For the year ending March 31, 2018, the consolidated net loss of the company stood at Rs 26,064.30 million.

The consolidated total income of the company for the April-June 30, 2018 quarter slipped to Rs 3,432.73 million from Rs 4,357.23 million registered during the same period of last year. For the year ending March 31, 2018, consolidated total income was at Rs 14,813.55 million.

The company's shares were trading at Rs 109.70 apiece up by 1.01 percent over the previous close in BSE.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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