Nayara Energy posts record Rs. 3,564 crore profit in Q1

Russian oil major Rosneft-backed Nayara Energy has reported a record quarterly profit in April-June as it made hay on export of fuel made from discounted Russian oil.

Net profit of Rs 3,563.7 crore, or Rs 23.91 per share, in April-June compared with a loss of Rs 139.1 crore in the same period a year back, it said in a late evening stock exchange filing on Friday.

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