IndianOil’s Q3 profits more than quadruple amidst favourable oil prices

State-owned refiner IndianOil. File picture | Photo Credit: Reuters State-owned refiner IndianOil’s profit in the December-end quarter accelerated more than four times on a year-over-year (YoY) basis fuelled by a favourable lower crude oil price regime. Also Read | Indian Oil to raise Brazilian crude purchases as Russian imports slow, executive says The refiner’s net…

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