GAIL (India) Ltd, the country’s largest gas distributor, reported a 77.5% slump in its quarterly profit on Thursday, dented by weakness in its petrochemicals segment. The company’s standalone profit after tax slumped to 6.04 billion rupees ($73.86 million) in the quarter ended March 31, from 26.83 billion rupees a year earlier. The state-owned gas company’s […]
IOCL Q4 Results: On a quarterly basis, IOCL’s consolidated profit jumped 1117 per cent from Rs 890.23 crore. Indian Oil Corporation Ltd (IOCL) on Tuesday reported a jump of 52 per cent in its consolidated net profit to Rs 10,841.23 crore year-on-year (YoY) in Q4FY23. In the same quarter last year, IOCL’s net profit stood […]