Indian Oil most profitable PSU for second straight year
Indian Oil Corporation has emerged as India's most profitable state-owned company for the second consecutive year. Indian Oil posted a record profit of â¹21,346 crore in 2017-18, followed by ONGC, whose profit stood at â¹19,945 crore. Mukesh Ambani-led Reliance Industries is the most profitable company for the third straight year, posting highest ever profit of â¹36,075 crore.