{"id":398163,"date":"2021-01-30T12:23:50","date_gmt":"2021-01-30T06:53:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=398163"},"modified":"2021-01-30T12:23:50","modified_gmt":"2021-01-30T06:53:50","slug":"ioc-q3-profit-zooms-110-to-rs4916-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-q3-profit-zooms-110-to-rs4916-cr\/","title":{"rendered":"IOC Q3 profit zooms 110% to Rs4,916 cr"},"content":{"rendered":"<p>Indian Oil Corporation (IOC) on Friday said its December quarter net profit more than doubled to Rs 4,916.59 crore as rising oil prices yielded inventory gains and a rise in petrochemical margins.<\/p>\n<p>The net profit in October-December 2020 was 110% higher than Rs 2,339.02 crore earning in the same period a year back.<\/p>\n<p>\u201cNet profit increased because of inventory gains and higher petrochemical margin,\u201d Indian Oil Corporation chairman Shrikant Madhav Vaidya told reporters here. \u2014 PTI<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation (IOC) on Friday said its December quarter net profit more than doubled to Rs 4,916.59 crore as rising oil prices yielded inventory gains and a rise in petrochemical margins. The net profit in October-December 2020 was 110% higher than Rs 2,339.02 crore earning in the same period a year back. \u201cNet profit increased because of inventory gains and higher petrochemical margin,\u201d Indian Oil Corporation chairman Shrikant Madhav Vaidya told reporters here. \u2014 PTI<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,223,150],"tags":[],"class_list":["post-398163","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-tribune","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=398163"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398163\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=398163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=398163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=398163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}