OIL net rises 30.5% in Q4

Revenues increased to Rs 2,018.93 crore from Rs 1,832.14 crore in the fourth quarter.
During the 2010-11 fiscal, OIL’s net profit was up 10 per cent to Rs 2,887.73 crore. The net profit was up despite the company having to pay Rs 3,293.08 crore to subsidise diesel, domestic LPG and kerosene in 2010-11, as against Rs 1,548.81 crore in the previous year.

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