{"id":577236,"date":"2023-05-17T11:43:39","date_gmt":"2023-05-17T06:13:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=577236"},"modified":"2023-05-17T11:43:39","modified_gmt":"2023-05-17T06:13:39","slug":"indianoil-net-jumps-67-on-higher-margins","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indianoil-net-jumps-67-on-higher-margins\/","title":{"rendered":"IndianOil net jumps 67% on higher margins"},"content":{"rendered":"<p>NEW DELHI: IndianOil, the nation\u2019s largest oil firm, on Tuesday reported a 67% jump in its March quarter net profit on the back of a recovery in fuel marketing margins and better refining margins.<\/p>\n<p>Standalone net profit was at Rs 10,059 crore, or Rs 7. 3 a share, in January March compared with Rs 6,022 crore, or Rs 4. 4 per share, in the same period a year ago, according to a company\u2019s stock exchange filing. The jump in fourth-quarter net profit helped the company post Rs 8,242-crore net profit for the full fiscal 2022-23 by negating the losses thefirm had to suffer in the first half of the financial year from holding petrol, diesel and LPG prices despite a surge in cost.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: IndianOil, the nation\u2019s largest oil firm, on Tuesday reported a 67% jump in its March quarter net profit on the back of a recovery in fuel marketing margins and better refining margins. Standalone net profit was at Rs 10,059 crore, or Rs 7. 3 a share, in January March compared with Rs 6,022 crore, or Rs 4. 4 per share, in the same period a year ago, according to a company\u2019s stock exchange filing. The jump in fourth-quarter net profit helped the company post Rs 8,242-crore net profit for the full fiscal 2022-23 by negating the losses thefirm [&hellip;]<\/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":[220,130,137],"tags":[],"class_list":["post-577236","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577236","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=577236"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577236\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=577236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=577236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=577236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}