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Indian Oil reports net loss of ₹1,141 crore in Q1; raises $500 million under RBI swap window
Loss is attributed to selling fuels below market costs
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thehindubusinessline.com
Indian Oil posts first quarterly loss in 15 on crude price surge
Indian Oil Corporation reports its first quarterly loss in 15 periods, driven by surging crude prices and weakened fuel demand.
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economictimes.indiatimes.com
IOC slips into loss in Q1 on holding fuel prices despite rise in cost
Indian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency improvements and higher margins from…
