Chennai Petroleum Q4 Net profit at Rs 49.81 crore

Chennai Petroleum Corporation Ltd, an IndianOil Group company, has reported a net profit of Rs 49.81 crore for the fourth quarter ended March 31, 2014.
The Chennai-based company had reported a net loss of Rs 392.23 crore during the corresponding period of the previous year, CPCL said in a BSE filing.
For the year ending March 31, 2014, the net loss stood at Rs 303.85 crore as against a net loss of Rs 1,766.84 crore registered during the same period of the previous year.
For the three months ended March 31, 2014, total income from operations rose to Rs 13,339.68 crore from Rs 12,459.26 crore registered during the same period a year ago.

Total income from operations for the full year ended March 31, 2014, grew to Rs 49,342.63 crore from Rs 42,883.29 crore registered a year earlier, it said.