Indian Oil Corporation Q3 net rises to Rs 1059 crore

Mumbai, Jan 29 (UNI) The state owned Indian Oil Corporation (IOC) has posted a net profit of Rs 1059.01 crore for the quarter ended December 31, 2006 as compared to net loss of Rs 6.48 crore for the quarter ended December 31, 2005.

Announcing the results, the company said its total income has increased from Rs 44874.06 crore for the quarter ended December 31, 2005 to Rs 55218.42 crore for the quarter ended December 31,2006.

UNI