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Message: <blockquote data-quote="akilarandev" data-source="post: 14573805" data-attributes="member: 388159"><p><span style="font-size: 18px"><span style="color: DarkRed">Nov 12, 2012 (LBO) -</span></span></p><p><span style="font-size: 18px"><span style="color: DarkRed"></span></span></p><p> <span style="font-size: 18px"><span style="color: DarkRed">Lanka IOC, a unit of Indian Oil Corporation said profits in the September 2012 quarter rose 327 percent from a year earlier, partly helped by foreign exchange gains.</span></span></p><p><span style="font-size: 18px"><span style="color: DarkRed"></span></span></p><p><span style="font-size: 18px"><span style="color: DarkRed">The firm reported earnings of 2.22 rupees per share. In the six months to September the firm reported earnings of 2.58 per share on total profits of 1.37 billion rupees in interim accounts filed with the Colombo Stock Exchange. </span></span></p><p><span style="font-size: 18px"><span style="color: DarkRed"></span></span></p><p><span style="font-size: 18px"><span style="color: DarkRed">Revenues grew 58 percent to 20.1 billion rupees, expenses grew 18.6 percent to 56.3 billion rupees and gross profits grew 93 percent to 1.57 billion rupees. </span></span></p><p><span style="font-size: 18px"><span style="color: DarkRed">The firm also reported 112 million rupees in foreign exchange gains. </span></span></p></blockquote><p></p>

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