MoneyWorks4Me

IOC reports 40% rise in Q4 net profit

23 May 2018 Evaluate

Indian Oil Corporation (IOC) has reported results for the fourth quarter and year ended March 31, 2018. 

The company has reported a rise of 40.25% in its net profit at Rs 5,218.10 crore for the quarter ended March 31, 2018 as compared to Rs 3,720.62 crore for the same quarter in the previous year. Total income of the company increased by 10.11% at Rs 1,36,980.73 crore for quarter under review as compared to Rs 1,24,405.67 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 11.73% in its net profit at Rs 21,348.12 crore as compared to Rs 19,106.40 crore for the previous year. Total income of company increased by 13.39% at Rs 5,09,842.21 crore for year under review as compared to Rs 4,49,642.52 crore for the year ended March 31, 2017.

Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
View more..