Essar Oil Q4 PAT up 78% at Rs 321 cr

Essar Oil posted a 78% jump in its net profit for the fourth (January-March) quarter for fiscal year 2011. The company's Q4 net profit stood at Rs 321 crore versus Rs 180crore on a year-on-year (YoY) basis. Its net sales too were up at Rs 13,560 crore versus Rs 10,650 crore (YoY), while GRM rose to USD 8.15 per barrel versus USD 5.37 per barrel. Source: www.moneycontrol.com Thanks, Gaurav Agarwal Head Dealer DENIP Consultants Pvt Ltd