Russian oil: IndianOil to abide by all international sanctions
By
Neha Kumari
New Delhi: State-run Indian Oil Corp.’s standalone net profit surged multifold in the September quarter, riding on higher refinery margins and better sales.
The company reported a net profit of ₹7,610.45 crore in the second quarter, up from ₹180.01 crore a year earlier, according to its exchange filings. Its revenue from operations was ₹2.03 trillion during the quarter, around 4% higher year-on-year.
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