{"id":416068,"date":"2021-05-20T11:32:36","date_gmt":"2021-05-20T06:02:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=416068"},"modified":"2021-05-20T11:32:36","modified_gmt":"2021-05-20T06:02:36","slug":"ioc-profit-hits-record-high-of-rs-21836-crore-in-fy-21","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-profit-hits-record-high-of-rs-21836-crore-in-fy-21\/","title":{"rendered":"IOC profit hits record high of Rs 21,836 crore in FY 21"},"content":{"rendered":"<p>Indian Oil Corporation (IOC) on Wednesday reported a net profit of Rs 21,836 crore on a standalone basis for the fiscal ended March 31, which is nearly 17 times higher from the Rs 1,313 crore profit posted a year ago.<\/p>\n<p>This is the highest annual profit ever reported by the state-run oil refining and marketing company. It attributed the increase in profit to inventory gains, stemming from fluctuations in global oil prices and rising sales of high-margin petrochemical products.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation (IOC) on Wednesday reported a net profit of Rs 21,836 crore on a standalone basis for the fiscal ended March 31, which is nearly 17 times higher from the Rs 1,313 crore profit posted a year ago. This is the highest annual profit ever reported by the state-run oil refining and marketing company. It attributed the increase in profit to inventory gains, stemming from fluctuations in global oil prices and rising sales of high-margin petrochemical products.<\/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":[130,195,138],"tags":[],"class_list":["post-416068","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416068","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=416068"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416068\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=416068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=416068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=416068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}