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2017-02-08 18:35:00

INDIAN OIL UP 66%

INDIAN OIL UP 66%

NGWIndia's leading state owned oil and gas firm Indian Oil posted a net profit of rupees 153.86bn ($2.29bn) for the nine months ended December 31, 2016, compared with a net profit of rupees 92.36bn during the corresponding period of the previous year, a jump of almost 66%.

Profit for the 3Q of FY 2016-17 stood at rupees 39.95bn, compared with rupees 30.96bn in the corresponding quarter of 2015-16, an increase of 29%, Indian Oil said last week.

For 3Q, Indian Oil's product sales, including exports, were 21.314 million mt.

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Earlier: 

INDIA'S OIL CONSOLIDATION 

INDIA'S OIL DEMAND UP 

INDIA'S LNG IMPORTS UP 18% 

THE GREATEST INDIA'S MARKET 

INDIA'S GAS INVESTMENT: $20 BLN

 

 

Tags: INDIA, OIL, GAS