IOC announces Q2 results

Indian Oil Corporation Ltd (IOC) has announced the following Unaudited results for the quarter ended September 30, 2009:

The Company has posted a net profit of Rs 2843.60 million for the quarter ended September 30, 2009 where as the same was at net loss of Rs (70471.30) million for the quarter ended September 30, 2008. Total Income is Rs 618178.10 million for the quarter ended September 30, 2009 where as the same was at Rs 869874.70 million for the quarter ended September 30, 2008.

- Comparative figures for the half year ended September 2008 do not include the figures of BRPL, which was merged with IndianOil on March 25, 2009. Accordingly, the same are not strictly comparable.