IOC Q3 net profit zooms, PAT at Rs.1059.01 Crores

Indian Oil Corporation Ltd (IOC) has announced the following Unaudited results for the quarter ended December 31, 2006:

The Company has posted a net profit of Rs 10590.10 million for the quarter ended December 31, 2006 as compared to net loss of Rs 64.80 million for the quarter ended December 31, 2005. Total Income has increased from Rs 448740.60 million for the quarter ended December 31, 2005 to Rs 552184.20 million for the quarter ended December 31, 2006.

Source : Equity Bulls

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