Wednesday, November 03, 2010

Gulf Oil Q2 Result: Income increased 8.5%

Gulf Oil Corporation Ltd., has reported a 8.5% increase in income in Q2. PAT was Rs 123 mn (Rs. 122 mn) after considering a one time impact due to suspension of operations at the Hyderabad Works over one month. The loss in production and sales will be covered during the ensuing busy season of Q3/4.