Indian Oil Corporation has reported results for third quarter ended December 31, 2020.
The company has reported 2- fold jump in its net profit at Rs 4916.59 crore for the quarter under review as compared to net profit at Rs 2339.02 crore for the same quarter in the previous year. Total income of the company increased by 1.70% at Rs 147868.32 crore for Q3FY21 as compared Rs 145391.79 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 62.42% in its net profit attributed to the equity holders at Rs 4359.11 crore for the quarter under review as compared to net profit at Rs 2683.87 crore for the same quarter in the previous year. Total income of the company marginally increased by 0.91% at Rs 148769.23 crore for Q3FY21 as compared Rs 147433.25 crore for the corresponding quarter previous year.
