IOC Q2 profit soars 184% on higher refining margins
IOC attributed the sharp rise in profitability largely to lower crude oil prices between mid-June and mid-August, coupled with robust margins in petrochemicals and gas | Photo Credit: Reuters State-owned Indian Oil Corporation’s (IOC) standalone net profit more than doubled to ₹21,630 crore in the September quarter, buoyed by improved refining margins and a temporary…
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