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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>Indian Oil Corporation consolidated net sales increased 90.82% to Rs 115502.51 crore in Q1FY22 compared to Q1FY21. Sales of Petroleum Products segment has gone up 74.83% to Rs 1,50,058.43 crore (accounting for 93.79% of total sales). Sales of Other Business Activities segment rose 92.40% to Rs 4,113.31 crore (accounting for 2.57% of total sales). Sales of...</p>
<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Indian Oil Corporation consolidated net sales increased 90.82% to Rs 115502.51 crore in Q1FY22 compared to Q1FY21. Sales of Petroleum Products segment has gone up 74.83% to Rs 1,50,058.43 crore (accounting for 93.79% of total sales). Sales of Other Business Activities segment rose 92.40% to Rs 4,113.31 crore (accounting for 2.57% of total sales). Sales of...
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indian Oil Corporation: Inventory Gains and Better Petrochemical Margins Boost Profit