IOCL posts Rs 21,346 crore net profit in 2017-18

IOCL’s revenue from operations was Rs 1,36,733 crore in the fourth quarter of 2017-18 FY

GN Bureau | May 25, 2018


#IOCL   #PSU  

IndianOil has clocked a net profit of Rs 21,346 crore for 2017-18 fiscal as compared to Rs 19,106 crore in the last fiscal. The reported revenue from operations for 2017-18 FY was Rs 5,06,428 crore as compared to Rs 4,45,442 crore in 2016-17.

IndianOil’s reported revenue from operations was Rs 1,36,733 crore in the fourth quarter of 2017-18 FY as compared to Rs 1,30,865 crore and Rs 1,22,322 crore in the previous quarter of 2017-18 and corresponding quarter of 2016-17, respectively.

Profit for the last quarter of 2017-18 is Rs 5,218 crore as compared to Rs 7,883 crore and Rs 3,721 crore in the previous quarter of 2017-18 and corresponding quarter of 2016-17, respectively.

The board of directors recommended a final dividend of 20 percent in addition to pre-bonus interim dividend of 190 percent paid during the year.
 

Comments

 

Other News

Ambedkar home in Mumbai to become national monument

The chawl in Mumbai where Dr BR Ambedkar, the father of the Constitution, lived between 1912 and 1934 will be converted into a national monument. Maharashtra chief minister Uddhav Thackeray made the announcement on Friday, On the occasion of 63rd death anniversary of the visionary leader, af

Hyderabad rape and murder case: four accused killed in police encounter

Amid shock and outrage across the country over the rape and murder of a young woman in Hyderabad, the police on early Friday morning killed all the four accused in the case in Hyderabad. Police had taken the four to Chattapally, where they had allegedly burnt the woman’s body after rap

Climate change is here: India among the most affected

India has been among the countries most affected by climate change, and ranks high on the Climate Risk Index prepared by researchers at NGO Germanwatch. The index for 2019, published this week, takes note of the alarming situation around the world and calls for more steps to mitigate the cr

How children have acquired disaster mitigation skills – and confidence

In the science laboratory of a modest government school, a team of young students give a demonstration of what is called ‘non-structural mitigation’. When earthquake-like jolts are given to a doll’s-house like building model, the beds, the dining table, cupboards, wall hanging make a mess

End of ideology, coalition politics and popular mandate?

On November 29, Uddhav Thackeray, the 19th chief minister of Maharashtra and the leader of the Maha Vikas Aghadi (MVA), won the vote of confidence in the 244-member Vidhan Sabha of Maharashtra. With this the month-old drama over the government formation in the state came to an end. The appointment of the M



Archives

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter