Essar Oil & Gas posts record Rs 335 crore net profit in FY23 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Essar Oil and Gas Exploration and Production Ltd (EOGEPL), one of the largest E&P companies in India and a leader in unconventional hydrocarbon space, on Monday announced a record PAT of Rs 335 crores for year ending March 31.The company .
Ebitda grew over 205% on a year-on-year basis to approximately Rs 700 crores. "Ebitda margin saw a significant improvement of around 3100 basis points, reaching 77%, due to reduced operating costs and internal consumption," the company said in a press statement.