Indian Oil Reports Q1 Loss Amid Crude Price Surge
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Indian Oil Corporation (IOC) reported a net loss of ₹1,141 crore in the first quarter due to selling fuels below market costs and elevated crude prices. The state-owned refiner also raised $500 million under the Reserve Bank of India's swap window. This is IOC's first quarterly loss in 15 years.
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Indian Oil posts first quarterly loss in 15 on crude price surge IOC r...
Indian Oil reports net loss of ₹1,141 crore in Q1; raises $500 million...
Indian Oil Corporation Ltd (#IOCL) reported a consolidated net loss of...
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