IOC posts net profit of Rs2,688 cr
Indian Oil Corp (IOC) today reported a net profit of Rs 2,688.54 crore in the December 2019 quarter. The company had posted a net loss of Rs 3,519.53 crore in the same period a year ago, the company said in a regulatory filing.
Revenue for the period under review fell to Rs 1.46 lakh crore from Rs 1.63 lakh crore in October-December of 2018-19.
Tata Motors nets Rs1,756 cr
Tata Motors on Thursday posted a consolidated net profit of Rs 1,755.88 crore for the third quarter ended December 31, 2019.
