NEW DELHI: Indian Oil Corporation (IOC) on Friday reported over three-fold jump in June quarter net profit on the back of a surge in refining margin and inventory gains.
Standalone net profit of Rs 5,941.37 crore, or Rs 6.47 a share, in April-June is compared with Rs 1,910.84 crore, or Rs 2.08 per share, in the same period of 2020-21, the company said in a filing to stock exchanges.
