Indian Oil Corporation has reported results for third quarter ended December 31, 2012.
The company has reported 33.90% rise in its net profit at Rs 3331.96 crore for the quarter as compared to Rs 2488.44 crore for the same quarter in the previous year. Total income from operation of the company has increased by 7.45% at Rs 1,15,517.51 crore for quarter under review as compared to Rs 1,07,512.26 crore for the quarter ended December 31, 2011.
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.