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Cairn India: Profits in the pipeline
Numbers will get better as transportation of crude oil shifts from trucks to pipelines and new fields deliver. Q1 results The June quarter may not have been favourable for Cairn India, but the coming quarters are expected to see stability in operations and costs. The company’s June quarter results surprised analysts, as depreciation, depletion and amortisation (DD&A) costs increased to Rs
Numbers will get better as transportation of crude oil shifts from trucks to pipelines and new fields deliver. Q1 results The June quarter may not have been favourable for Cairn India, but the coming quarters are expected to see stability in operations and costs. The company’s June quarter results surprised analysts, as depreciation, depletion and amortisation (DD&A) costs increased to Rs
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