Cairn India gains after 48 pct rise in Dec quarter profit

MUMBAI Tue Jan 22, 2013 9:25am IST

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MUMBAI Jan 22 (Reuters) - Shares in Cairn India rose as much as 2.55 percent after Oct-Dec consolidated net profit rose 48 percent to 33.45 billion rupees.

While earnings were about 6 percent ahead of estimates, operating profit and cash flows were broadly in line with estimates, Barclays said in a report. (Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)

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