/ Indian Oil Corporation’s Q2 Net Profit Increases 18% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 27 October 2017

Indian Oil Corporation has reported results for second quarter ended September 30, 2017.

The company has reported 18.40% rise in its net profit at Rs 3696.29 crore for the quarter ended September 30, 2017 as compared to Rs 3121.89 crore for the same quarter in the previous year. The total income of the company increased by 9.98% at Rs 111224.83 crore for Q2FY18 as compared Rs 101128.07 crore for the corresponding quarter previous year.

Indian Oil Corporation 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.

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