Indian Oil Corporation Q1 consolidated net moves down by 40.42 pc to Rs 2226.80 cr
Mumbai/UNI: Indian Oil Corporation( IOC) has reported a decline of 40.42 per cent in its net profit for the quarter ended June 30, 2020 at Rs 2226.80 crores as against net profit of Rs 3737.50 crore for the quarter ended June 30, 2019.
Total income for the quarter under review fell by 40.71 pc to Rs 90,776.10 crores as compared to Rs 1,53,111.43 crore for the quarter ended June 30, 2019.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.