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TABLE-Lanka IOC Q3 net profit down 51.4 pct y/y
February 12, 2015 / 5:27 AM / 3 years ago

TABLE-Lanka IOC Q3 net profit down 51.4 pct y/y

Feb 12 (Reuters) - Group results for Lanka IOC PLC
, the Sri Lankan arm of Indian Oil Corp, for
the three months ended Dec. 31, released late on Wednesday. 
   (in millions of rupees unless otherwise stated):
    
                          Q3 2014/13         Q3 2013/14  
    Net profit                610.29           1,255.63  
 
    Revenue                20,364.73          21,328.02  
 
    Earnings per share                                   
 
    (rupees, basic)             1.15               2.36  
  
    NOTE - Results are provisional and unaudited.
    - Foreign investors and funds hold 80.32 percent of the
total issued shares in the company, which has a market cap of
28.7 billion rupees ($216.1 million) and accounts for 0.96
percent of the total market capitalisation of the stock
exchange, latest bourse data showed.  
    - The parent, Indian Oil Corp, holds 75.12 percent of the
shares in its Sri Lankan arm. 
    - Shares in Lanka IOC gained 34.2 percent in the December
quarter and 81.3 percent last year, Thomson Reuters data showed.
 
($1 = 132.8000 Sri Lankan rupees)

 (Reporting by Ranga Sirilal and Shihar Aneez in Colombo;
Editing by Anand Basu)

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