Indian Oil Corp Q1 loss at ₹1,993 cr
Indian Oil Corp swung to a loss of ₹1,993 crore in the April-June quarter from a profit of ₹5,941 crore a year earlier as its inability to raise fuel prices more than offset gains from record-high refining margins.
Revenue from operations rose 62% year on year to ₹2,51,933 crore on higher prices.
