Select Language
- Home
- News
- Markets
- Portfolio
- Watchlist
- Forum
- Live TV & Shows
- Videos
- Commodities
- Currencies
- Mutual Funds
- Personal Finance
-
Property
Specials
Subscriptions
Moneycontrol News
State-run oil marketing major, Indian Oil, reported a fall of 18.7 percent in its net profit for September quarter at Rs 3,696 crore against Rs 4,548 crore during the previous quarter.
The number came in much lower than analysts’ expectations, according to a CNBC-TV18 poll, of Rs 6,023 crore.
The revenue came in 13.7 percent lower at Rs 1.1 lakh crore against Rs 1.28 lakh crore quarter on quarter.
On an operating level, the standalone EBITDA dipped 7.8 percent of Rs 7,373 crore against Rs 8,000 crore quarter on quarter, while the operating margin came in at 8.1 percent against 7.6 percent.
The company’s gross refining margins (GRMs) were reported at USD 6.08 per barrel against USD 7.1 barrel year on year.
At 14:27 hrs Indian Oil Corporation was quoting at Rs 412.90, down Rs 22.35, or 5.13 percent, on the BSE. It touched an intraday high of Rs 442.00 and an intraday low of Rs 410.15.Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.
Name*
Email*
Contact No.*
City
Thank you for registering.
Respective broker representative will reach you shortly.
