Business Daily from THE HINDU group of publications Saturday, May 26, 2007 ePaper |
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Corporate Results
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Petroleum Gulf Oil net rises to Rs 7.9 cr Our Bureau
Hyderabad May 25 Gulf Oil Corporation, a Hinduja Group company, has recorded income of Rs 188 crore with a net profit of Rs 7.9 crore during the fourth quarter ended March 31, as against total income of Rs 145 crore with a net profit of Rs 4.03 crore for corresponding period last year. The company's annual revenue was Rs 605 crore (Rs 464 crore) with a net profit of Rs 23.01 crore. The Board has recommended a dividend of Rs 7.50 per share (75 per cent). The company registered exports of Rs 38.91 crore, a growth of 22 per cent over last year.
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