IOCL Q3 net soars 34% to Rs 3,332 cr

Oil major IOCL reported a 34% surge in net profit at Rs 3,332 crore for the third quarter ended December 2012. It was Rs 2,488 crore in December 2011.

The total income increased 8% to Rs 1,16,475 crore as against Rs 1,07,869 crore in December 2011.

IOCL stocks were trading 1.3% higher at Rs 321 apiece on BSE at 1440 hours.