Indian Oil Corporation loss widens in Oct-Dec quarter
Source: IRIS | 13 Feb, 2015, 03.31PM
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Rating: NAN / 5 stars. |
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Indian Oil Corporation said its net loss for the quarter ended December 2014 has widened to Rs 26,368.00. It reported a net loss of Rs 9,614.50 million in the same quarter last year. Net sales for the quarter declined 9.01% to Rs 1,070,736.00 million, compared with Rs 1,176,719.50 million for the prior year period. Earnings per share stood negative at Rs 10.86 compared with negative Rs 3.96 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 1,070,736.00 | 1,176,719.50 | (9.01) | Net Profit | (26,368.00) | (9,614.50) | - | Basic EPS | (10.86) | (3.96) | - |
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