Indian Oil's net profit crosses ₹2,873 crore in Q3 of FY2024-25

Indian Oil Corporation (IOC) reported a Q3 net profit of ₹2,873.53 crore, a sharp recovery from ₹180 crore in the previous quarter. The company's Q3 revenue surge was fuelled by higher sales volumes. Domestic sales rose 13% YoY to 24.78 MMT, while exports soared 31% to 1.345 MMT.