Indian Oil Corporation consolidated net profit declines 26.38% in the March 2022 quarter

Sales rise 46.23% to Rs 175292.02 crore

Net profit of Indian Oil Corporation declined 26.38% to Rs 6645.72 crore in the quarter ended March 2022 as against Rs 9026.49 crore during the previous quarter ended March 2021. Sales rose 46.23% to Rs 175292.02 crore in the quarter ended March 2022 as against Rs 119874.40 crore during the previous quarter ended March 2021.

For the full year,net profit rose 16.01% to Rs 25102.23 crore in the year ended March 2022 as against Rs 21638.21 crore during the previous year ended March 2021. Sales rose 61.93% to Rs 589335.74 crore in the year ended March 2022 as against Rs 363949.67 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales175292.02119874.40 46 589335.74363949.67 62 OPM %8.1411.96 -8.1011.15 - PBDT13183.3614417.71 -9 46636.2041692.18 12 PBT9891.4211468.84 -14 34288.6230750.73 12 NP6645.729026.49 -26 25102.2321638.21 16

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