Indian Oil Corporation Limited (IOCL) has posted net profit of Rs. 6203.74 crores for the quarter ended September 30, 2021 as against net profit of Rs. 6109.69 crores for the quarter ended June 30, 2021. The company has posted net profit of Rs.6025.81 crores for the quarter ended September 30, 2020.

IOCL has reported total income of Rs. 172646.31 crores during the quarter ended September 30, 2021 as compared to Rs. 157018.41 crores during the quarter ended June 30, 2021. The company has reported total income of Rs.117870.77 crores during the quarter ended September 30, 2020.

IndianOil Chairman, Mr S M Vaidya, said, “IndianOil sold 40.506 million tonnes of products, including exports, during the period April – September 2021. Our refining throughput for first six months of FY 2021-22 was 31.996 million tonnes and the throughput of the Corporation’s countrywide pipelines network was 39.408 million tonnes during the period. The gross refining margin (GRM) during the period April – September 2021 was US$ 6.57 per bbl as compared to US$ 3.46 per bbl in corresponding period of previous financial year.

For the second quarter of FY 2021-22, IndianOil's product sales volumes, including exports, was 20.181 million tonnes. The refining throughput was 15.277 million tonnes and the throughput of the Corporation’s countrywide pipelines network was 19.533 million tonnes during the quarter.”

IOCL has reported total income of Rs.329664.72 crores during the 6 months period ended September 30, 2021 as compared to Rs.208645.92 crores during the 6 months period ended September 30, 2020.

IOCL has posted net profit of Rs.12313.43 crores for the 6 months period ended September 30, 2021 as against net profit of Rs.8252.61 crores for the 6 months period ended September 30, 2020.