Indian Oil second-quarter profit drops 12.2% on higher forex, raw material costs
Updated : November 05, 2018 07:38:31 IST
Net profit came in at Rs 3,247 crore in the quarter ended September 30, compared with Rs 3,696 crore a year earlier, IOC said.
Analysts on average had expected a profit of Rs 5,088 crore, according to Refinitiv data.
Published : November 02, 2018 01:58 PM IST