Indian Oil's June quarter profit rises 50% to over â¹7,000 cr
State-owned oil and gas giant Indian Oil Corporation on Saturday posted a 50% rise in its June quarter profit at â¹7,092 crore. Revenue increased to nearly â¹1.52 lakh crore from â¹1.3 lakh crore a year earlier. The company earned $10.2 for every barrel of crude that it processed during the quarter compared with $9.1 per barrel during the January-March period.