Lanka IOC's net profit for the three months was Rupees. 337 Crores - Share price rises 32% !

 

Lanka IOC raises revenue to Rupees. 3.37 billion net profit after tax.

Lanka IOC today (04) unveiled its latest financial statements to the Colombo Stock Exchange.

During the January-March quarter of 2022, Rupees. The company had a revenue of Rupees. 29.48 billion.

The gross profit of Lanka IOC during the period was Rupees. 5.01 billion and the company's operating profit was Rupees. 4.08 billion.

The company's net profit before tax was Rupees. 3.95 billion.

Meanwhile, Rupees. The company has paid income tax of Rupees. 582.37 million.

Accordingly, Lanka IOC reported a net profit after tax of Rupees. 3.37 billion or Rupees. 337 crores.

Meanwhile, Lanka IOC shares rose 32.14% today.