MOIL Q4 net profit rises over 5% to Rs 135.08 crore

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Mumbai, May 22 : State-run MOIL on May 22 reported a 5.71 percent increase in standalone net profit at Rs 135.08 crore for the quarter ended March 31, 2019.
The company had reported a net profit of Rs 127.78 crore during the same quarter a year ago, MOIL said in a BSE filing. During January-March quarter of 2018-19, its total income grew by 10 percent to Rs 487.50 crore from Rs 443.13 crore in the year-ago period. MOIL’s total expenses during the quarter under review stood at Rs 298.05 crore as compared with Rs 242.28 crore in the year-ago quarter.

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