Indian Oil Corporation (IOC), India’s largest oil agency, on Wednesday reported a web revenue of Rs 8,781.30 crore for the January-March quarter, helped by greater refining margins.
Standalone web revenue in January-March at Rs 8,781.30 crore, or Rs 9.56 a share, in contrast with a lack of Rs 5,185.32 crore in the identical interval a 12 months again, the corporate stated in a regulatory submitting.
Revenue from operation jumped to Rs 1.63 lakh crore from Rs 1.39 lakh crore final 12 months. The firm offered extra petroleum merchandise within the fourth quarter of 2020-21 fiscal at 21.2 million tonnes versus 20.69 million tonnes within the earlier 12 months.