Madras Refineries (MRL) posted a net profit of Rs 2 bn in FY99 (up 59% over FY98). Turnover was up by 38% to Rs 37.5 bn. The company board has decided to pay dividend at the rate of 35% for FY99 as against 27% in the previous year.
For the quarter ended December 2019, CHENNAI PETROLEUM has posted a net profit of Rs 64 m (up 101.7% YoY). Sales on the other hand came in at Rs 120 bn (down 0.3% YoY). Read on for a complete analysis of CHENNAI PETROLEUM's quarterly results.
For the quarter ended June 2019, CHENNAI PETROLEUM has posted a net profit of Rs 2 bn (down 249.6% YoY). Sales on the other hand came in at Rs 127 bn (up 3.0% YoY). Read on for a complete analysis of CHENNAI PETROLEUM's quarterly results.
More Views on NewsIn this video, I'll tell you why I am recommending caution in the market at this time.
A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.
In this video I'll show you exactly how I go about picking stocks for trading.
100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.
More
Equitymaster requests your view! Post a comment on "Madras Refineries net profit surges 59% to Rs. 2 bn in FY99". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!