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Tag: IOC Q1 loss

IndianOil Corporation Q1 loss at Rs 3,388 cr

by admin on Jul.25, 2010, under Business, India news

A subsidy of Rs 7,343 crore to consumers saw the country’s largest fuel retailer, state-owned IndianOil Corporation (IndianOil), post a net loss of Rs 3,388 crore during April-June 2010, its first loss after five quarters. It had reported Rs 3,683-crore profit in the corresponding quarter in 2009-10.

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