Oil Investing News » Indian Oil Pumped Up Nine-Fold Surge in Q1 Profits

Indian Oil Pumped Up Nine-Fold Surge in Q1 Profits

August 20, 2009 @ 9:44 am In Oil Company News

Foreign exchange gains, lower interest coupled with inventory gains have helped Indian Oil Corporation Ltd post a nine-fold jump in net profit for the first quarter of the current fiscal.

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[1] here: http://www.thehindubusinessline.com/2009/07/31/stories/2009073150770300.htm