MOIL reports 6% rise in Q4 net profit

MOIL has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 5.72% in its net profit at Rs 135.09 crore for the quarter under review as compared to Rs 127.78 crore for the same quarter in the previous year. Total income of the company increased by 10.01% at Rs 487.50 crore for Q4FY19 as compared Rs 443.13 crore for the corresponding quarter previous year.

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For the year ended March 31, 2019, the company has reported a rise of 12.30% in its net profit at Rs 473.89 crore as compared to Rs 421.99 crore for the previous year. Total income of the company increased by 8.68% at Rs 1,631.48 crore for year under review as compared to Rs 1,501.18 crore for year ended March 31, 2018.