Cairn Q3: Smallest Profit In 3 Quarters
  • Prabha Hedge
  • Jan 24 2014

January 24: Cairn India's third quarter profit has fallen nearly 15%. The profit was impacted by forex loss and higher expenses. However, as far as its guidance is concerned, the company says it is on track to meet its FY14 production target of 2,25,000 barrels of oil and equivalent natural gas a day. Priyank Lakhia shares the fineprint of the results.