Indian Oil Corporation has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 80.78% fall in net profit at Rs 2,643.18 crore for Q1FY25 as compared to Rs 13,750.44 crore for the same quarter in the previous year. Total income of the company decreased by 2.39% at Rs 2,16,522.66 crore for Q1FY25 as compared to Rs 2,21,833.89 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 74.74% fall in its net profit at Rs 3,722.63 crore for the quarter ended June 30, 2024 as compared to Rs 14,735.30 crore for the same quarter in the previous year. Total income of the company decreased by 2.50% at Rs 2,20,396.99 crore for Q1FY25 as compared to Rs 2,26,041.72 crore for the corresponding quarter previous year.
