IOC net dips 60.06 pc in Q4FY07

New Delhi, May 28 (UNI) IndianOil Corporation Ltd (IOC) today said it has recorded a 60.06 per cent decline in net profit at Rs 1,609.67 crore for the fourth quarter ended March 31, 2007 as against Rs 4,030.57 crore in the same quarter last year.

The total income of the state-run stood at Rs 55,412.07 crore for Q4FY07 as compared to Rs 51,420.3 crore during the corresponding period a year ago, a statement said.

UNI