Indian Oil Corp (IOC) today reported 40 per cent jump in the March quarter net profit to Rs 5,218 crore.
In contrast, its profit for the January-March quarter of the previous fiscal was Rs 3,720.62 crore, the company said in a regulatory filing.
IOC's turnover rose to Rs 1.36 lakh crore in the fourth quarter of last fiscal year ended March 31, from Rs 1.24 lakh crore in the year-ago period.
The company sold 20.8 million tonnes of petroleum products during the last quarter of 2017-18, higher than 19.64 million tonnes domestic sales a year-ago.
Exports too were up at 1.76 million tonnes from 1.46 million tonnes.
The Board of the company recommended a final dividend of Rs 2 per share (20 per cent on the paid up equity share capital) for the financial year 2017-.
This is in addition to the interim dividend of Rs 19 per share paid earlier.
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