News Detail

• Hindustan Oil Exploration Company Ltd has announced its Financial Results for the period ended December 31, 2011.The company has posted net profit of Rs.48.11 million for the quarter ended Dec. 31, 2011 as compared to Rs.202.67 million for the quarter ended Dec. 31, 2010, representing a decrease of 76.26%.Total income was at Rs.338.53 million for the quarter ended December 31, 2011 where as the same was at Rs.859.52 million for the quarter ended December 31, 2010, representing a decrease of 60.61%.The company has reported an EPS of Rs.0.37 for the quarter ended December 31, 2011 as compared to Rs.1.55 for the quarter ended December 31, 2010.
• The company has posted net profit of Rs.259.38 million for the 9 months period ended Dec. 31, 2011 as compared to Rs.557.61 million for the 9 months period ended Dec. 31, 2010, representing a decrease of 53.48%.Total income was at Rs.1178.48 million for the 9 months period ended December 31, 2011 where as the same was at Rs.2441.75 million for the 9 months period ended December 31, 2010, representing a decrease of 51.74%The company has reported an EPS of Rs.1.99 for the 9 months period ended December 31, 2011 as compared to Rs.4.27 for the 9 months period ended December 31, 2010.Shares of Hindustan Oil Exploration Company Ltd was trading in BSE at Rs.123.10, up by Rs.2 or 1.65%. The stock hit an intraday high of Rs.123.90 and low of Rs.118.65.The total traded quantity was 1.10 lakhs compared to 2 week average of 4.50 lakhs.

Source