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INDIAN OIL CORP REGISTERS 51.5 PCT INCREASE IN Q1 NET PROFIT.

AsiaPulse News

| August 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Aug 1 Asia Pulse - Indian Oil Corporation (BSE:IOC) yesterday said its net profit surged 51.5 per cent for the June quarter to Rs 9446.70 million (US$204.5 million), from Rs 6249.90 million in the same period in the previous year.

Turnover during the June quarter went up by 10.7 per cent to Rs 30,8740 million from Rs 27,8980 million previously, a company press statement said.

IOC's seven refineries increased their total output to 8.54 million tonnes during the period from 8.46 million tonnes in the prior year.

Its pipeline network transported ...

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Source: HighBeam Research, INDIAN OIL CORP REGISTERS 51.5 PCT INCREASE IN Q1 NET PROFIT.

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