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IOC net profit rises 17 pct in March quarter; share price 1 pct down

Devdiscourse News Desk | New Delhi | Updated: 17-05-2019 15:42 IST | Created: 17-05-2019 14:46 IST
IOC net profit rises 17 pct in March quarter; share price 1 pct down
Image Credit: Pixabay

State-owned Indian Oil Corp (IOC) Friday reported a 17 per cent rise in its fourth-quarter net profit at Rs 6,099.27 crore. Net profit in January-March 2018 was Rs 5,218.10 crore, the company said in a regulatory filing. Turnover rose to Rs 1.44 lakh crore in the January-March quarter from Rs 1.37 lakh crore a year earlier.



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