Q1 Results: Indian Oil’s Profit Falls But Beats Estimates

Net profit plunged 41 percent to Rs 3,596 crore in the three month period.

An Indian Oil Corporation petrol station is pictured in New Delhi, India. (Photographer: Amit Bhargava/Bloomberg News)

Indian Oil Corporation Ltd.’s first-quarter profit fell but beat analysts’ estimates.

Also Read: Indian Oil Borrows More As Government Fails To Clear Subsidy Dues

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