Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar

IOC reports 50% fall in Q1 consolidated net profit

31 Jul 2019

Indian Oil Corporation (IOC) has reported results for first quarter ended June 30, 2019.

The company has reported 47.36% fall in its net profit at Rs 3596.11 crore for the quarter under review as compared to Rs 6831.13 crore for the same quarter in the previous year. However, total income of the company increased marginally by 0.29% at Rs 150766.57 crore for Q1FY20 as compared Rs 150332.21 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 49.50% in its net profit at Rs 3623.69 crore for the quarter under review as compared to Rs 7175.59 crore for the same quarter in the previous year. However, total income of the company increased marginally by 0.48% at Rs 153109.93 crore for Q1FY20 as compared Rs 152377.02 crore for the corresponding quarter previous year.

Related Indian Oil Corporation Ltd. Links:

Indian Oil Corp. Share Price

114.75 -0.35 (-0.30%) Jun 14, 18:01
1 Year Price Chart
Peers
Company Name CMP
Indian Oil Corp. 114.75
Reliance Industries 2245.30
BPCL 483.65
HPCL 298.35
MRPL 51.40
View more..
Sensex vs Indian Oil Corp.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback