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IOC Q4 net profit up 79% at Rs8,781 crore on lower tax outgo


Firms/companies > I > Indian Oil Corporation
IOC Q4 net profit up 79% at Rs8,781 crore on lower tax outgo
24 May 2021
State-run oil refining and marketing major Indian Oil Corporation has reported a net profit of Rs8,781 crore for the fourth quarter of fiscal 2020-21, a 78.9 per cent increase from the previous quarter, on the back of lower tax outgo, the corporation stated in an stock exchange filing. 
IOC’s tax outgo declined 24.6 per cent from the previous quarter while revenue grew over 9.8 per cent compared with growth in total expenditure, resulting in higher profit. 
Revenue rose 16.3 per cent to Rs1.24 lakh crore, while operating profit rose 40.3 per cent to Rs13,502 crore. Other income declined 13.2 per cent to Rs1,102 crore. Operating margin expanded to 10.9 per cent from 9 per cent. ....

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India's 40th Scientific Expedition To Antarctica Returns To Capetown After Completing A Journey Of 12,000 Nautical Miles


India s 40th Scientific Expedition To Antarctica Returns To Capetown After Completing A Journey Of 12,000 Nautical Miles
by Swarajya Staff - Apr 16, 2021 10:34 AM
India s Bharati research station in Antarctica
The 40th Indian Scientific Expedition to Antarctica (40-ISEA) hosted by the Ministry of Earth Sciences successfully returned to Cape Town on 10 April, after completing a journey of around 12 thousand nautical miles in 94 days, including stopovers.
This achievement concludes four successful decades of India s scientific endeavour in Antarctica. The 40-ISEA comprised Indian scientists, engineers, doctors, and technicians, who began their journey from the Mormugao Port of Goa to Antarctica on 7 January, 2021.
The team reached its destination station Bharati on 27 February, 2021, and Maitri on 8 March, 2021. Bharati and Maitri are India s permanent research base stations in Antarctica. The stations are approachable only during the austral summer season betwee ....

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special cover 2021 | Phila-Mirror


Special Cancellation,Special Cover’s and Postcards,all released to celebrate International Women’s Day in India on 8th March 2021.A pictorial cancellation on the day was released from more than 1100 Head Post Offices of India. The pictorial cancellation was made available in … Continue reading → ....

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picture postcard Expedition to Antarctica


Goa Postal Division released two Special Covers, two Presentation Packs and a Pack of Post Cards on the eve of launch of 40th Indian Scientific Expedition to Antarctica. The special cover on “40th Indian Scientific Expedition to Antarctica” will go … Continue reading → ....

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