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Indian Oil Q3 net profit jumps multi-fold at Rs 9,225 crore on healthy marketing margins

The company’s net profit declined 33 percent sequentially, as it posted a profit of Rs 13,713.08 crore for the December quarter. Profit slipped in Q3 from last quarter amid large inventory losses and sharp decline in diesel cracks.

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​ The company’s net profit declined 33 percent sequentially, as it posted a profit of Rs 13,713.08 crore for the December quarter. Profit slipped in Q3 from last quarter amid large inventory losses and sharp decline in diesel cracks. The company’s net profit declined 33 percent sequentially, as it posted a profit of Rs 13,713.08 crore for the December quarter. Profit slipped in Q3 from last quarter amid large inventory losses and sharp decline in diesel cracks.  Moneycontrol Latest News Read More  

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