Indian Oil Company Q4 results: Acquire loss at Rs 7,782 crore

Indian Oil Company Q4 results: Acquire loss at Rs 7,782 crore

Indian Oil Corporation on Wednesday posted a consolidated net loss of Rs 7,782 crore for the quarter ended March 31 on a one-time loss of Rs 11,304.64 crore. It is the refiner’s first quarterly loss in more than four years. The company had posted a net profit of Rs 6,004.88 crore in the corresponding quarter…

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