{"id":465315,"date":"2022-02-01T11:19:59","date_gmt":"2022-02-01T05:49:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=465315"},"modified":"2022-02-01T11:19:59","modified_gmt":"2022-02-01T05:49:59","slug":"ioc-profit-increases-19-to-rs-5861-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-profit-increases-19-to-rs-5861-crore\/","title":{"rendered":"IOC profit increases 19% to Rs 5,861 crore"},"content":{"rendered":"<p>Indian Oil Corporation (IOCL) reported a net profit of Rs 5,860.8 crore on a standalone basis for the quarter ended December 31, recording a 19.2% rise from the same period a year ago. The state-run oil refining and marketing company attributed the increase in profit to higher refinery margins. The rise in profit was also supported by the company\u2019s tax expenses falling 43.8% annually to Rs 1,618.8 crore in the quarter. IOCL\u2019s board on Monday has also declared an interim dividend of Rs 4 per equity share for FY22. This is in addition to the Rs 5 per equity share interim dividend paid during the period by the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation (IOCL) reported a net profit of Rs 5,860.8 crore on a standalone basis for the quarter ended December 31, recording a 19.2% rise from the same period a year ago. The state-run oil refining and marketing company attributed the increase in profit to higher refinery margins. The rise in profit was also supported by the company\u2019s tax expenses falling 43.8% annually to Rs 1,618.8 crore in the quarter. IOCL\u2019s board on Monday has also declared an interim dividend of Rs 4 per equity share for FY22. This is in addition to the Rs 5 per equity share [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-465315","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/465315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=465315"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/465315\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=465315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=465315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=465315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}