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Cairn India annnounces financial results

Infrastructure Finance
May 1, 2014May 1, 2014
Cairn India annnounces financial results
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Cairn India Ltd (CIL) has announced its annual financial results for the period ending 31 March 2014. The result recorded a revenue of Rs 18,762 crore ($3.1 billion), up 7 per cent YoY on account of enhanced volumes. EBITDA stood at Rs 13,877 crore ($2.3 billion) driven by low operational cost of $3.9/bbl in onshore RJ block. Profit after tax was Rs 12,432 crore ($2.1 billion), diluted EPS Rs 64.95, up by 3 per cent YoY. Generated cash flow from operations of Rs 11,093 crore ($1.8 billion), up by 0.3 per cent YoY.

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