Edition:
United Kingdom

Indian Oil Corpn March-Qtr Profit Up About 17%


Friday, 17 May 2019 

May 17 (Reuters) - Indian Oil Corpn Ltd ::MARCH QUARTER NET PROFIT 60.99 BILLION RUPEES VERSUS PROFIT OF 52.18 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER NET PROFIT WAS 63.06 BILLION RUPEES.MARCH QUARTER REVENUE FROM OPERATIONS 1.44 TRLN RUPEES VERSUS 1.37 TRLN RUPEES LAST YEAR.APRIL-MARCH 2019 AVERAGE GROSS REFINING MARGIN $5.41 PER BBL VERSUS $8.49 PER BBL LAST YEAR.RECOMMENDED FINAL DIVIDEND OF 1 RUPEE PER SHARE.