{"id":601304,"date":"2023-09-02T10:52:22","date_gmt":"2023-09-02T05:22:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=601304"},"modified":"2023-09-02T12:29:14","modified_gmt":"2023-09-02T06:59:14","slug":"essar-oil-q1-net-rises-12","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/essar-oil-q1-net-rises-12\/","title":{"rendered":"Essar Oil Q1 net rises 12%"},"content":{"rendered":"<p>Kolkata: Essar Oil and Gas Exploration and Production (EOGEPL), one of the leaders in the unconventional hydrocarbon space, witnessed a 12% jump in in the first quarter net to Rs 81 crore. The company which has significant presence in Bengal has posted a revenue of Rs 190 crore during the period. <\/p>\n<p>EOGEPL said that its quarterly revenue and EBIDTA were lower owing to softening of crude oil prices by 24%, which was cushioned by an increase in sales volume by 8.5%. In the first quarter of FY24, the company reported its highest quarterly sales volume of 2.2 billion cu ft per day, growing 8.5% compared to the same quarter last year. The company\u2019s EBIDTA margins saw an improvement of 380 basis points.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Essar Oil and Gas Exploration and Production (EOGEPL), one of the leaders in the unconventional hydrocarbon space, witnessed a 12% jump in in the first quarter net to Rs 81 crore. The company which has significant presence in Bengal has posted a revenue of Rs 190 crore during the period. EOGEPL said that its quarterly revenue and EBIDTA were lower owing to softening of crude oil prices by 24%, which was cushioned by an increase in sales volume by 8.5%. In the first quarter of FY24, the company reported its highest quarterly sales volume of 2.2 billion cu ft [&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-601304","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\/601304","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=601304"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601304\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=601304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=601304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=601304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}