Indian Oil Corporation Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
For the nine months, sales was INR 6,378,836.4 million compared to INR 4,140,329 million a year ago. Revenue was INR 7,236,820.4 million compared to INR 5,301,832 million a year ago. Net loss was INR 4,977 million compared to net income of INR 184,565.1 million a year ago. Basic loss per share from continuing operations was INR 0.36 compared to basic earnings per share from continuing operations of INR 13.4 a year ago. Diluted loss per share from continuing operations was INR 0.36 compared to diluted earnings per share from continuing operations of INR 13.4 a year ago.