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This is an archive article published on February 5, 2011
OIL net rises 26.5 pc to Rs 907.98 cr
Oil India Ltd reported a jump of 26.5 per cent to Rs 907.98 crore in its net profit.
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State-owned Oil India Ltd reported a jump of 26.5 per cent to Rs 907.98 crore in its net profit in the quarter ended December 31,2010,on higher crude oil prices.
OIL had reported a net profit of Rs 717.28 crore in the October-December quarter last fiscal,the company said in a filing to the stock exchanges.
Sales was up by 17 per cent to Rs 2,388.65 crore in the third quarter of the financial year.
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