Indian Oil Corporation has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported a fall of 92.36% in its net profit at Rs 448.01 crore for the quarter under review as compared to Rs 5860.80 crore for the same quarter in the previous year. However, total income of the company increased 15.78% at Rs 229883.40 crore for Q3FY23 as compared to Rs 198547.29 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 85.78% in its net profit at Rs 890.28 crore for the quarter under review as compared to Rs 6261.40 crore for the same quarter in the previous year. However, total income of the company increased 16.64% at Rs 233876.46 crore for Q3FY23 as compared to Rs 200518.48 crore for the corresponding quarter previous year.
