{"id":465272,"date":"2022-02-01T10:50:05","date_gmt":"2022-02-01T05:20:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=465272"},"modified":"2022-02-01T10:50:05","modified_gmt":"2022-02-01T05:20:05","slug":"ioc-q3-net-profit-rises-19-yoy-at-rs-5861-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-q3-net-profit-rises-19-yoy-at-rs-5861-cr\/","title":{"rendered":"IOC Q3 net profit rises 19% YoY at Rs 5,861 cr"},"content":{"rendered":"<p>New Delhi: Indian Oil reported a 19 per cent rise in profit in the October-December quarter while its smaller peers Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) posted 63 per cent and 11 per cent drop in profit, respectively.<\/p>\n<p>Indian Oil\u2019s quarterly profit rose to Rs 5,861 crore from Rs 4,917 crore in the same period a year earlier due to higher refining margins, the company said in a statement. The revenue from operations rose 35 per cent to Rs 197,172 crore. The average gross refining margin (GRM) for the April- December period was $8.52 per barrel as against $2.96 in the year-ago period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Indian Oil reported a 19 per cent rise in profit in the October-December quarter while its smaller peers Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) posted 63 per cent and 11 per cent drop in profit, respectively. Indian Oil\u2019s quarterly profit rose to Rs 5,861 crore from Rs 4,917 crore in the same period a year earlier due to higher refining margins, the company said in a statement. The revenue from operations rose 35 per cent to Rs 197,172 crore. The average gross refining margin (GRM) for the April- December period was $8.52 per barrel as against $2.96 [&hellip;]<\/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":[130,191,136],"tags":[],"class_list":["post-465272","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/465272","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=465272"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/465272\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=465272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=465272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=465272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}