Wednesday, November 9, 2011

IOC Q2 net loss at Rs 7,486 cr

Indian Oil Corporation (IOC) has announced its second quarter results. The company's Q2 net loss at Rs 7,486 crore versus profit of Rs 5,294 crore, year-on-year, YoY.

Its net sales were up at Rs 88,725 crore versus Rs 69,746 crore, YoY.

The company's interest cost was increased at Rs 1,484 crore versus Rs 508 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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