2017-02-08 18:35:00
INDIAN OIL UP 66%
NGW - India'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 GAS INVESTMENT: $20 BLN
