(EnergyAsia, August 25, Tuesday) — Indian Oil Corp Ltd said it made net profit of Rs6.83 billion for the quarter ended June 2009, up sharply from Rs4.15 billion for the same quarter last year. It attributed the improved performance to inventory gains, foreign exchange gains and lower interest payment. Indian Oil’s revenue fell by more…
INDIA: Indian Oil Corp reports sharp rise in April quarter net profit to Rs36.8 billion
Posted on August 24, 2009 by EnergyAsia