Edition:
India

Indian Oil Corpn June Quarter Net Profit Falls


Wednesday, 31 Jul 2019 

July 31 (Reuters) - Indian Oil Corpn Ltd ::JUNE QUARTER NET PROFIT 35.96 BILLION RUPEES VERSUS PROFIT OF 68.31 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER NET PROFIT WAS 25.46 BILLION RUPEES.JUNE QUARTER REVENUE FROM OPERATIONS 1.5 TRLN RUPEES VERSUS 1.50 TRLN RUPEES LAST YEAR.SAYS APRIL-JUNE 2019 AVERAGE GROSS REFINING MARGIN $4.69 PER BBL VERSUS $10.21 PER BBL LAST YEAR.