Indian Oil Corp report their Q2 collections !
Indian Oil Corp report their Q2 collections !

Indian Oil Corp. (IOC) today reported the profit report of their second quarter. The Oil Corp was able to raise Rs.3121.89 crore by the September 30th of 2016. The estimated profit by experts was – 3153 crore, hence a slight lower revenue than expected.

Rs. 450.24 crore loss was also revealed by the Corporation corresponding to the last fiscal,as said by the company in the statement.

The only perk received was a 3 per cent marginal growth on the year-to-year basis to Rs. 99947 crore, compared to the quarter of last year where earning was- Rs, 97021.22 crore.


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