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IOC Q1 profit up 51% to Rs 7,175 crore

Saturday - August 11, 2018 8:50 pm , Category : BUSINESS
 IOC Q1 profit up 51% to Rs 7,175 crore
IOC Q1 profit up 51% to Rs 7,175 crore
Mumbai Aug 11 (IANS) State-run Indian Oil Corporation (IOC) on Saturday posted a consolidated net profit of Rs 7 175.59 crore up 51 per cent year-on-year for the quarter ended June 30.
The consolidated net profit for the corresponding quarter in the last fiscal stood at Rs 4 736.15 crore the company said in a BSE filing.
The country s largest oil marketer registered a total income of Rs 1.52 lakh crore for the April-June quarter a hike of 15 per cent from Rs 1.32 lakh crore in the year-ago quarter.

--IANS mgu/nir