Question

Which of the following oil company posted the highest-ever revenue by any Indian corporate at Rs 7.28 lakh crore or USD 96 billion?

A HPCL Correct Answer Incorrect Answer
B IOCL Correct Answer Incorrect Answer
C ONGC Correct Answer Incorrect Answer
D BPCL Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

· Indian Oil Corporation (IOC), the nation's biggest oil firm reported a 31.4 per cent drop in the fourth quarter net profit. · Standalone net profit of Rs 6,021.88 crore, or Rs 6.56 a share, in January-March, compared with Rs 8,781.30 crore, or Rs 9.56 per share. · For the fiscal April 2021 to March 2022, IOC posted the highest-ever revenue by any Indian corporate at Rs 7.28 lakh crore or USD 96 billion (standalone). Consolidated revenue, after including earnings of subsidiaries like CPCL, came at Rs 7.36 lakh crore.

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