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.
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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.
