(EnergyAsia, May 30, Friday) — IndianOil Corp (IOC) said a refining subsidiary, CPCL, has reported an “impressive” financial performance for the financial year ending March 31 2008. CPCL said its FY2007 net after-tax profit rose by nearly 99% to Rs.11.23 billion compared with Rs5.65 billion the previous year. (US$1=Rs42). Revenue rose by more than 12%…
INDIA: IndiaOilCorp’s CPCL refining unit reports sharp rise in FY2007 net profit
Posted on May 29, 2008 by EnergyAsia