 "Oil India Q4 profit jumps 72% to Rs 764.55 cr")
State-owned Oil India has reported 71.88% jump in net profit to Rs 764.55 crore for the quarter ended March 31, 2013.
The PSU had net profit of Rs 444.81 crore in the January- March quarter of the previous fiscal, 2011-12.
The company's gross Income increased to Rs 2,841.15 crore in the fourth quarter ended March 30, 2013 from Rs 2,138.34 crore in the year-ago period, it said in a release today.
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For the financial year ended in March 2013, Oil India posted profit of Rs 3,589.34 crore. For 2011-12 fiscal, it was Rs 3,446.92 crore.
Oil India's gross Income in 2012-13 stood at Rs 11,456.32 crore, as against Rs 11,279.90 crore in fiscal 2011-12.
The company's scrip had closed at Rs 578.40 on Friday, down 0.99% from its previous close, on the BSE.