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Last Updated : May 17, 2019 02:34 PM IST | Source: Moneycontrol.com

IOC Q4 net profit up 750% at Rs 6,099cr on higher operating income

Margin was up 600 bps to 8.6 percent in the quarter under review.

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Indian Oil Corporation (IOC) has registered a 750 percent quarter-on-quarter jump in its Q4 FY19 net profit at Rs 6,099 crore on the back higher operating income.

Revenue rose 9.8 percent quarter-on-quarter to Rs 1.26 lakh crore.

Operating profit, or earnings before interest, tax, depreciation and amortisation (EBITDA) came in at Rs 10,876 crore as against Rs 3,610.5 crore QoQ.

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Margin was up 600 bps to 8.6 percent in the quarter under review.

At 14:25 hrs Indian Oil Corporation was quoting at Rs 149.30, down Rs 1.55, or 1.03 percent.

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First Published on May 17, 2019 02:33 pm

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