Indian Oil Corp (IOC) has reported standalone net profit of Rs 13,750 crore in the first quarter as against a loss a year ago. The company had reported a loss of Rs 1,992 crore in the last year period.
Revenue from operations during the quarter fell 12% year-on-year to Rs 2.21 lakh crore. The same stood at Rs 2.51 lakh crore in the previous year quarter.
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