Hinduja Group firm Gulf Oil Corporation today reported a net loss of Rs 5.58 crore for the third quarter ended December 2008, while it had a net profit of Rs 6.54 crore in the same period last fiscal.
The total income rose 18 per cent to Rs 748 crore during the quarter under review, from Rs 593 crore in the corresponding period a year ago, Gulf Oil said in a filing to the BSE.
Shares of Gulf Oil were trading at Rs 28.70, down 0.35 per cent on the BSE.
