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State-run Indian Oil Corporation (IOC) has reported results for first quarter ended June 30, 2014.

The company has reported a net profit of Rs 2522.94 crore as compared to a net loss of Rs 3093.23 crore for the quarter ended June 30, 2013. Its total income has increased by 14.25% to Rs 126773.91 crore for the quarter under review from Rs 110959.00 crore for the corresponding quarter of the previous year.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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