Indian Oil Corporation standalone net profit rises 85.48% in the March 2017 quarter

Sales rise 27.96% to Rs 100337.51 crore

Net profit of Indian Oil Corporation rose 85.48% to Rs 3720.62 crore in the quarter ended March 2017 as against Rs 2005.89 crore during the previous quarter ended March 2016. Sales rose 27.96% to Rs 100337.51 crore in the quarter ended March 2017 as against Rs 78415.51 crore during the previous quarter ended March 2016.

For the full year,net profit rose 74.84% to Rs 19106.40 crore in the year ended March 2017 as against Rs 10927.97 crore during the previous year ended March 2016. Sales rose 4.05% to Rs 359873.16 crore in the year ended March 2017 as against Rs 345861.88 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales100337.5178415.51 28 359873.16345861.88 4 OPM %4.396.05 -8.836.09 - PBDT5313.904411.67 20 32544.2120261.97 61 PBT3584.863094.60 16 26321.2415321.73 72 NP3720.622005.89 85 19106.4010927.97 75

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