IOC Q2 results: Profit grows 13 times to Rs 6,026 crore even as revenue slips
Indian Oil Corporation (IOC) on Friday posted around 13 times growth in consolidated net profit at Rs 6,025.81 crore for the quarter ended September 30. It had reported a profit of Rs 468.04 crore in the corresponding quarter last year. A drop of 18.78 per cent YoY in total expenditure aided the bottomline of the … Read more