Edition:
India

Indian Oil Corp Dec Qtr Profit Plunges


Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Indian Oil Corpn Ltd ::DEC-QUARTER PROFIT AFTER TAX 7.16 BILLION RUPEES - CNBC - TV18.DEC QUARTER REVENUE FROM OPERATIONS 1.60 TRLN RUPEES VERSUS 1.31 TRLN RUPEES LAST YEAR.DEC QUARTER NET PROFIT OF 78.83 BILLION RUPEES LAST YEAR.APRIL-DEC AVERAGE GROSS REFINING MARGIN $5.83 PER BARREL VERSUS $8.28 SAME PERIOD LAST YEAR.DEC QUARTER NET PROFIT 7.17 BILLION RUPEES.THE PROFIT ALERT WAS FIRST SOURCED FROM TELEVISION AND LATER CONFIRMED AS 7.17 BLN RUPEES FROM THE NSE.