Indian Oil Corporation Ltd Q1 Results FY2023, Net loss at Rs. 1992.53 crores
On 30th July 2022, IOCL announced its quarterly results for the first quarter of FY2023.
Q1FY23 Key Highlights:
- The company reported its revenue from operations at Rs. 251932.89 crores with a growth of 62.47 % YoY.
- The total income stood at Rs. 2,52,616.54 crores with a growth of 62.32% YoY
- Loss before tax was reported at Rs. 2529.24 crores with a drop of 132.43% YoY.
- The company reported its net loss at Rs. 1992.53 crores with a drop of 133.53% YoY.
Segment Revenue:
- Petroleum products posted a revenue at Rs. 242606.52 crores with a growth of 62.6 % YoY.
- The petrochemical business reported a revenue of Rs. 6947.24 crores with a growth of 19.18 % YoY.
- The other business activities reported a revenue of Rs. 7635.89 crores with a growth of 117.16 % YoY.
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