Indian Oil Corporation (IOC) has reported results for second quarter ended September 30, 2018.
The company has reported a fall of 12.16% in its net profit at Rs 3,246.93 crore for the quarter under review as compared to Rs 3,696.29 crore for the same quarter in the previous year. However, total income of the company increased by 37.19% at Rs 152,607.27 crore for Q2FY19 as compared Rs 111,238.85 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 9.31% in its net profit at Rs 3,314.65 crore for the quarter under review as compared to Rs 3,654.82 crore for the same quarter in the previous year. However, total income of the company increased by 37.91% at Rs 155,687.08 crore for Q2FY19 as compared Rs 112,887.67 crore for the corresponding quarter previous year.