June 2 :     Indian Oil Corporation (IOC) registered a 35.60 per cent increase in turnover and 10.4 per cent increase in net profit in 1999-2000. The net profit increased at Rs 2,443.40 crore from Rs 2,213.52 crore last fiscal. The gross turnover of the company increased by 35.60 per cent to a whopping Rs 94,263.73 crore during 1999-2000 as against Rs 69,511.63 crore last fiscal. The board of directors have declared two interim dividends of 35 per cent and 40 per cent for the year 1999-2000 which on consideration of bonus shares effectively stands at 150 per cent, the highest ever declared by the corporation. IOC's fixed assets at the end of fiscal 1999 including works in progress went up by 23 per cent to Rs 28.824 crore as compared to Rs 21,646 crore at the end of 1998-99. IOC's net worth at the end of 1999-2000 was Rs 14,065 crore as compared to Rs 12,269 crore in the previous year. BOC net plummets BOC India Ltd, formerly British Oxygen Ltd, has registered a net loss of Rs 79.44 crore during the 18 month financial year ended march 31, 2000. As the company has changed its financial year from September to March, accordingly the results of the current financial year were not comparable with the previous year's audited result, though the company had reported a net profit of Rs 6.14 crore as on September 30, 1998. Official sources said after a board meeting today that net sales during this fiscal stood at Rs 397.82 crore against Rs 236.56 crore last year while other income stood at Rs 5.15 crore (Rs 3.59 crore). Hind Motor loss surges Hind Motors Ltd, a C. K. Birla group company, has reported a substantially higher net loss of Rs 62.28 crore during the fiscal 1999-2000, against a lower loss of Rs 28.25 crore in the previous fiscal. Official sources said the loss would have been much higher but for a slightly better fourth quarter performance when net sales increased to Rs 556.16 crore from Rs 468.52 crore and net loss was reduced to Rs 4.75 crore against Rs 17.44 crore in the previous corresponding quarter. Net sales shot up to Rs 1,497.53 crore from Rs 1,218.14 crore last year and gross profit stood marginally higher at Rs 0.89 crore as against Rs 0.87 crore last year.