Cairn India - QTRLY RESULTS - Q3 FY 2012 ENDING DEC,2011 - NET SALES UP .01%; C-NPT UP 13% YoY

Cairn India Limited

NSE Symbol        CAIRN

CAIRN INDIA has declared its consolidated  results for the third quarter ending Dec, 2011.

Net Sales stand at Rs.3096.76 cr for Q3 FY 12 – up by  16.76% from Q2 FY 12 and up by  0.01% from Q3 FY 11.

Total Expenditure stands at Rs.804.77 cr in Q3 FY 12 – up by  117.35% from Q2 FY 12 and down by  -4.39% from Q3 FY 11. Both depreciation and other expenditure have increased considerably in the Qtr.

Profit from Operations      stands at Rs.2291.99 Cr – up by  0.44% from Q2 FY 12 – and up by  1.65% from Q3 FY 11.

Profit before tax in Q3 FY 12 stands at Rs.2380.33 cr – up by 174.89% from Q2 FY 12  which was reduced due to a huge exceptional item in Q2 – and  up by 7.48% from Q3 FY 11.

Consolidated NPT  stands at Rs.2261.93 cr in Q3 FY 12 – up by  196.44% from Q2 FY 12; and up by 12.53% from Q3 FY 11.

Basic EPS stands at Rs.11.89 in Q3 FY 12; Rs.11.13 in Q2 FY 12; and Rs.14.33 in Q1 FY 12. Thus, the annual EPS may come to Rs.49.24 on a FV of Rs.10.

The current Market price is Rs.350.20 while the  52 week high price  is Rs.372.35 and the  52 week low price is Rs.249.30.

The PE Ratio comes to  7.11

 

RESULTS TABLE

CAIRN-CONSOL	Q3FY12	Q2FY12	%DIF1	Q3FY11	%DIF1
Net Sales	309676	265,220.00	16.76	309,644.00	0.01
Increase in SIT/WIP	-1142	-371	207.82	493	-331.64
Employees Cost	2728	2,347.00	16.23	3,152.00	-13.45
Depreciation	37872	31,422.00	20.53	28,706.00	31.93
Other Expenditure	41019	3,629.00	1,030.31	51,818.00	-20.84
Total Expenditure	80477	37,027.00	117.35	84,169.00	-4.39
Profit from Operations	229199	228,193.00	0.44	225,475.00	1.65
Other Income	11235	6,198.00	81.27	3,416.00	228.89
Interest	2401	12,282.00	-80.45	7,422.00	-67.65
Exceptional items	-	135,518.00		-
Profit before tax	238033	86,591.00	174.89	221,469.00	7.48
Tax Expense	11840	10,288.00	15.09	20,457.00	-42.12
Net Profit	226193	76,303.00	196.44	201,012.00	12.53
Consolidated NPT	226193	76,303.00	196.44	201,012.00	12.53
Face Value (in Rs.)	10	10	0.00	10	0
Paid-up Equity	190297	190,258.00	0.02	190,074.00	0.12
Basic EPS	11.89	11.13	6.83	10.59	12.28
Public Shareholding (%)	41	47.9	-14.41	37.75

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