(EnergyAsia, August 20, Monday) — Indian Oil Corporation Ltd (IOC) has reported a 11% rise in net profit to Rs14.68 billion for the April-June quarter, compared with year-ago level. (US$1=Rs41).Its sales revenue rose by 9.5% to Rs582.05 billion from Rs531.42 billion previously.IOC chairman Sarthak Behuria said the rupee’s rise against the dollar helped raise its…

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