Cairn posts highest quarterly profit in six quarters
Cairn India on Friday reported a 139% jump in its September quarter net profit, which stood at ₹779 crore, the highest in six quarters. However, its total income from operations declined 9% from the year-ago period to ₹2,039 crore in the second quarter. A foreign exchange gain of ₹64 crore during the quarter also helped to improve the profits.