State-owned Indian Oil Corporation has reported that its net profit has risen 112% to 28.85 billion rupees for the recently ended fiscal year to March 31 2003. (US$1=48 rupees). Revenues rose 4.3% to a record 1,198.48 billion rupees. The board has recommended a final dividend of 18.69 billion rupees on enhanced share capital consequent to…
INDIA: IOC reports 112% rise in net profit for FY 2002
Posted on June 26, 2003 by EnergyAsia