IOC Q1 Result: Indian Oil earned the highest profit in 10 years

IOC Q1 Result: Indian Oil Corporation (IOC) has today released the results for the first quarter of FY24. According to the results, IOC has posted a net profit of Rs 13,750.44 crore in the three months to June 30, the highest in 10 years. IOC said in a stock exchange filing that the company’s standalone net profit stood at Rs 13,750.44 crore, as against a loss of Rs 1,992.53 crore in the same period a year ago.