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Madras Refineries net profit surges 59% to Rs. 2 bn in FY99 - Views on News from Equitymaster
Madras Refineries net profit surges 59% to Rs. 2 bn in FY99
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.
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GAIL (India) Ltd has announced results for the quarter ended December 2016. reported 9.4% year on year (YoY) decline in sales, while bottom-line grew 45.4% YoY.
ONGC has announced results for the quarter ended December 2016. The company has reported 9.2 % year on year (YoY) growth in sales, while bottom-line grew 197% YoY.
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