{"id":594966,"date":"2023-08-01T10:30:19","date_gmt":"2023-08-01T05:00:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=594966"},"modified":"2023-08-01T12:13:26","modified_gmt":"2023-08-01T06:43:26","slug":"essar-oil-gas-exploration-profit-at-rs-334-crore-in-fy23","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/essar-oil-gas-exploration-profit-at-rs-334-crore-in-fy23\/","title":{"rendered":"Essar Oil &amp; Gas Exploration profit at Rs 334 crore in FY23"},"content":{"rendered":"<p>NEW DELHI: Essar Oil and Gas Exploration and Production Ltd (EOGEPL), a leader in unconventional hydrocarbon space, on Monday posted a net profit of Rs 335 crore for the year ending March 31, 2023.<\/p>\n<p>The company reported revenue of Rs 900 crore, its highest, during the period under review, projecting a growth of about 1.8 times compared to the previous year, it said in a statement. <\/p>\n<p>The company&#8217;s EBIDTA grew over 205% on a YoY basis to approximately Rs 700 crore. The EBIDTA margin saw a significant improvement of around 3100 basis points, reaching 77%, due to reduced operating costs and internal consumption.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Essar Oil and Gas Exploration and Production Ltd (EOGEPL), a leader in unconventional hydrocarbon space, on Monday posted a net profit of Rs 335 crore for the year ending March 31, 2023. The company reported revenue of Rs 900 crore, its highest, during the period under review, projecting a growth of about 1.8 times compared to the previous year, it said in a statement. The company&#8217;s EBIDTA grew over 205% on a YoY basis to approximately Rs 700 crore. The EBIDTA margin saw a significant improvement of around 3100 basis points, reaching 77%, due to reduced operating costs [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-594966","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=594966"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594966\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=594966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=594966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=594966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}