NEW DELHI: Essar Oil and Gas Exploration and Production Ltd (EOGEPL) on Thursday reported a 12% increase in the June quarter net profit on the back of record gas sales.
India’s largest unconventional gas producer posted a net profit of Rs 81 crore on a revenue of Rs 190 crore and EBITDA of Rs 150 crore in the first quarter of 2023-24 financial year, the company said in a statement.
“PAT for the quarter increased by 12% year-on-year (yoy) backed by improvement in sales volume.