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Indian Oil Corporation consolidated net profit declines 85.88% in the September 2019 quarter

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Capital Market

Sales decline 16.04% to Rs 111128.70 crore

Net profit of Indian Oil Corporation declined 85.88% to Rs 468.04 crore in the quarter ended September 2019 as against Rs 3314.65 crore during the previous quarter ended September 2018. Sales declined 16.04% to Rs 111128.70 crore in the quarter ended September 2019 as against Rs 132357.08 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales111128.70132357.08 -16 OPM %3.385.47 -PBDT3042.556979.68 -56 PBT682.604905.37 -86 NP468.043314.65 -86

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First Published: Nov 01 2019 | 1:52 PM IST

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