Indian Oil Q1
Indian Oil Q1 earnings -
IOC net profit fell 22% to ₹5,689 crore in June quarter, missing analyst expectations of ₹7,374 crore. Revenue was ₹1.93 lakh crore, while EBITDA declined 7% to ₹12,607 crore. Gross Refining Margin plunged to $2.15 per barrel from $7.97 per barrel, causing shares to drop 1.3% to ₹140.64.
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#Miscellaneous
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