Bloomberg News

Indian Oil Mauritius Revenue Rise 25%, Le Matinal Says

May 10, 2012

Indian Oil Corp. (IOCL)’s Mauritian unit posted a 25 percent increase in revenue to 7.06 billion rupees ($241 million) in fiscal 2011-12, le Matinal reported, citing Madireddi Ramana, a director.

Net income rose to 141 million rupees from 139 million rupees a year earlier, Ramana said in a transcript of an interview published by the Port Louis-based newspaper today.

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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