Cairn Subsidiary's Profits Soar As Indian Adventure Pays Off

The HeraldJuly 28, 2010

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Summary


CAIRN Energy's Indian subsidiary has recorded a dramatic increase in profits following the start of production from the giant Mangala field last August.

Cairn India made 2.8 billion rupees (pound(s)40m) profit after tax in the three months to June compared with 454 million rupees in the same period last year.

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Cairn Subsidiary's Profits Soar As Indian Adventure Pays Off

The company's s...

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