May 10, 2018 / 10:41 AM / 2 months ago

BRIEF-India's Chennai Petroleum March Qtr Profit Rises

May 10 (Reuters) - Chennai Petroleum Corporation Ltd :

* MARCH QUARTER PROFIT 1.78 BILLION RUPEES VERSUS PROFIT OF 1.71 BILLION RUPEES LAST YEAR

* MARCH QUARTER REVENUE FROM OPERATIONS 127.10 BILLION RUPEES VERSUS 94.87 BILLION RUPEES LAST YEAR

* RECOMMENDED FINAL DIVIDEND OF 18.5 RUPEES PER SHARE

* RECOMMENDED PREFERENCE DIVIDEND OF 0.665 RUPEES PER PREFERENCE SHARE

* FOR FY ENDED MARCH 31, AVERAGE GROSS REFINING MARGIN $6.42 PER BARREL VERSUS $6.05 PER BARREL LAST YEAR Source text - bit.ly/2ryKdff Further company coverage:

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