Total income from operations witnessed a dip of 2.01 per cent to Rs 11,360.33 crore for the quarter as compared with Rs 11,593.82 crore last year.
The company said gross refining margin for the quarter was $2.74/bbl as compared with $1.56/bbl for the corresponding previous quarter. In line with the scheme formulated by the Petroleum Planning and Analysis Cell, the company has received a discount of Rs 928.02 crore for the quarter (Rs 484.25 crore last year) from Oil and Natural Gas Corporation Ltd on crude oil purchase.