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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.

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.
First Published on May 17, 2019 02:33 pm

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