Essar Oil & Gas reports record profit, revenue in Q3

Posted on   4:17 am

 Essar Oil and Gas Exploration and Production Ltd (EOGEPL) on Monday reported record net profit and revenues for the third quarter ended December 31, 2022 after production doubled and company cut operating cost. Net profit at Rs 97 crore in October-December was a massive 273 per cent higher than Rs 26 crore net profit in the same period a year back, the company said in a statement.