Mangalore Refinery Q4 profit increases 170%

Mangalore Refinery Q4 profit increases 170%
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First Published: Wed, May 27 2009. 10 31 PM IST
Updated: Wed, May 27 2009. 10 31 PM IST
New Delhi: Mangalore Refinery and Petrochemicals Ltd, a unit of India’s biggest crude oil producer, said fourth quarter profit rose by 170%.
Net income for the March quarter rose to Rs608 crore from Rs225 crore a year ago, the firm said in a statement. However, sales fell to Rs6,535 crore from Rs9,500 rupees.
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First Published: Wed, May 27 2009. 10 31 PM IST