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IOC reports net loss of Rs 3093.23 crore in Q1

13 Aug 2013 Evaluate

Indian Oil Corporation (IOC) has reported results for first quarter ended June 30, 2013. 

The company has reported a net loss of Rs 3093.23 crore for the quarter as compared to a net loss of Rs 22450.95 crore for the same quarter in the previous year. Total income from operations of the company has increased by 13.83% at Rs 110959.00 crore for quarter under review as compared to Rs 97478.47 crore for the quarter ended June 30, 2012.

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.

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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