IOC profit surges 2.7x in Q2 on crude price decline

· timesofindia.indiatimes.com

NEW DELHI: State-run Indian Oil Corporation (IOC) reported record profit of Rs 22,503 crore during the Sept quarter - a 2.7-fold jump over a year ago -

Indian Oil posts record Rs 22,503 crore Q2 profit, 2.7 times higher year-on-year, as lower crude prices and strong petrochemical and gas margins boost earnings ...


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