IOC reports Q2 net profit at Rs 3,121 crore.
India Oil Corporation Ltd reported a net profit of Rs 3121.89 crore for the quarter ended September 30 which was slightly lower than ETNow estimate of Rs 3153 crore.
IOC-2.00 % reported a net loss of Rs 450.24 crore in the corresponding quarter of last fiscal, the company said in a statement.