May 25, 2017 / 9:14 AM / 2 months ago

BRIEF-Indian Oil Corp March-qtr profit up about 85 pct

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May 25 (Reuters) - Indian Oil Corpn Ltd

* March quarter net profit 37.21 billion rupees

* Consensus forecast for march quarter net profit was 37.95 billion rupees

* March quarter total income 1.24 trln rupees

* Net profit in march quarter last year was 20.06 billion rupees as per Ind-AS; total income was 994.61 billion rupees

* Recommended dividend of 1 rupee per share

* April-march 2017 average gross refining margin $7.77 per barrel Source text - (bit.ly/2qiHViB) Further company coverage:

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