Offshore drilling contractor Aban Offshore Ltd on Friday reported a drop in its net profit by 22 per cent to Rs 57.52 crore for the quarter ended December 31, 2010 over the same period last fiscal.
The firm reported a net profit of Rs 73.59 crore in the October-December period last fiscal, the company said in a statement.
The total income of the company also declined by 15 per cent at Rs 281.16 crore in the third quarter of 2010, over Rs 330.32 crore in 2009-10, the statement added.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.