{"id":514275,"date":"2022-08-16T11:49:45","date_gmt":"2022-08-16T06:19:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=514275"},"modified":"2022-08-16T11:49:56","modified_gmt":"2022-08-16T06:19:56","slug":"russia-backed-indian-refiner-nayara-energy-posts-record-profit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/russia-backed-indian-refiner-nayara-energy-posts-record-profit\/","title":{"rendered":"Russia-backed Indian refiner Nayara Energy posts record profit"},"content":{"rendered":"<p>NEW DELHI: NEW DELHI: India&#8217;s Nayara Energy, part owned by Russian oil major Rosneft, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports.<br \/>\nNayara posted a net profit of about 35.64 billion rupees($447.5 million) in the June quarter compared to a net loss of 1.39 billion rupees a year earlier, it said in a late evening stock exchange filing on Friday.<br \/>\nRosneft and Kesani Enterprises Co Ltd, a consortium led by Trafigura Group and Russia&#8217;s UCP Investment Group, holds 49.13% stake each in Nayara.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: NEW DELHI: India&#8217;s Nayara Energy, part owned by Russian oil major Rosneft, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports. Nayara posted a net profit of about 35.64 billion rupees($447.5 million) in the June quarter compared to a net loss of 1.39 billion rupees a year earlier, it said in a late evening stock exchange filing on Friday. Rosneft and Kesani Enterprises Co Ltd, a consortium led by Trafigura Group and Russia&#8217;s UCP Investment Group, holds 49.13% stake each in Nayara.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-514275","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/514275","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=514275"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/514275\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=514275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=514275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=514275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}