Indian Oil Corporation has reported results for the year ended March 31, 2013.
For the year, the company’s net profit grew by 26.56% at Rs 5005.17 crore as compared to Rs 3954.62 crore for the year ended March 31, 2012. Its total income has increased by 12.18% to Rs 450611.20 crore for the year from Rs 401675.68 crore for the previous year.
On consolidated basis, the group’s net profit after taxes, minority interest stood at Rs 4449.01 crore for the FY13 as compared to Rs 4225.98 crore in FY12, up by 5.28%. Groups’s total income has increased by 12.90% to Rs 465291.30 crore for the year under review from Rs 412111.16 crore for the previous year.