Cairn India Ltd has announced the financial results for the quarter ended December 31st 2011.

The Company has posted a net profit of INR 920.90 million for the quarter ended December 31st 2011 as compared to net loss of INR (669.60) million for the quarter ended December 31st 2010. Total Income has increased from INR 244.00 million for the quarter ended December 31st 2010 to INR 1427.70 million for the quarter ended December 31st 2011.

The Group has posted consolidated net profit of INR 22619.30 million for the quarter ended December 31st 2011 as compared to INR 20101.20 million for the quarter ended December 31st 2010. Total Income has increased from INR 31306.00 million for the quarter ended December 31st 2010 to INR 35105.80 million for the quarter ended December 31st 2011.

(Sourced from Equity Bulls)