Bulletin Updates
Oil India reports highest-ever profit due to high fuel, gas prices – 30 May 2022
May 30, 2022
State-owned Oil India Ltd on Friday reported its highest-ever quarterly net profit in the three months to March as it got nearly USD 100 per barrel price for oil produced and sold. Net profit at Rs 1,630.01 crore in January-March was almost double of Rs 847.56 crore profit in the same period of last year, OIL Director (Finance) Harish Madhav told reporters here.
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