Hindustan Oil Exploration Company standalone net profit rises 191.55% in the March 2019 quarter

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Sales rise 207.45% to Rs 71.42 crore
Net profit of Hindustan Oil Exploration Company rose 191.55% to Rs 47.96 crore in the quarter ended March 2019 as against Rs 16.45 crore during the previous quarter ended March 2018. Sales rose 207.45% to Rs 71.42 crore in the quarter ended March 2019 as against Rs 23.23 crore during the previous quarter ended March 2018.For the full year,net profit rose 293.66% to Rs 148.96 crore in the year ended March 2019 as against Rs 37.84 crore during the previous year ended March 2018. Sales rose 386.33% to Rs 236.89 crore in the year ended March 2019 as against Rs 48.71 crore during the previous year ended March 2018.
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First Published: May 14 2019 | 5:29 PM IST