Indian Oil Corporation has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 98.61% fall in net profit at Rs 180.01 crore for second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 12967.32 crore for the same quarter in the previous year. Total income of the company decreased by 3.33% at Rs 196523.73 crore for Q2FY25 as compared to Rs 203294.50 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss at Rs 448.78 crore for the quarter ended September 30, 2024 as compared to net profit of Rs 13713.08 crore for the same quarter in the previous year. Total income of the company decreased by 3.13% at Rs 199339.05 crore for Q2FY25 as compared to Rs 205789.51 crore for the corresponding quarter previous year.