Tag: Indian Oil

Govt May End Cross-Holding in Oil PSUs: Sources
Corporate, InFocus

Govt May End Cross-Holding in Oil PSUs: Sources

SMEStreet Edit Desk- June 28, 2021

According to media reports on this subject,it is quoted that all oil sector PSUs may be asked to exit from their investments made in equity ... Read More

Indian Oil Reported Profit of Rs 8,781 Crore in Q4
Sectors, Energy

Indian Oil Reported Profit of Rs 8,781 Crore in Q4

SMEStreet Edit Desk- May 20, 2021

The profits during the last quarter of FY21 came on account of higher inventory gain and higher petrochemical margin during current year. Read More

BHEL Gets Rs 400 Cr Order from IndianOil
Corporate, InFocus

BHEL Gets Rs 400 Cr Order from IndianOil

SMEStreet Edit Desk- March 30, 2021

This marks BHEL's foray into lump-sum turnkey business of process package for downstream oil and gas sector, it said in a statement. Read More

Indian Oil to Invest Rs 32946 Crore in Panipat Refinery
Energy, News

Indian Oil to Invest Rs 32946 Crore in Panipat Refinery

SMEStreet Edit Desk- February 28, 2021

The Panipat refinery meets demand of petroleum products in Haryana and northwestern region including Punjab, Jammu and Kashmir, Chandigarh, Uttarakhand, Himachal Pradesh, and parts of ... Read More

Indian Oil Posts Q4 Net Loss at Rs 7,783 Crore
Energy, Sectors

Indian Oil Posts Q4 Net Loss at Rs 7,783 Crore

SMEStreet Edit Desk- June 24, 2020

Oil marketing firm IndianOil Corporation (IOC) posted a consolidated net loss of Rs 7,783 crore for the quarter ended March on a one-time loss of ... Read More

Petrol Prices Fall Consecutively for the Fifth Day
Energy, Sectors

Petrol Prices Fall Consecutively for the Fifth Day

SMEStreet Edit Desk- November 6, 2019

According to the Indian oil website, in Delhi, Kolkata, Mumbai and Chennai, the petrol rates were -- Rs 72.60/litre, Rs 75.32/litre, Rs 78.28/litre and Rs ... Read More

Indian Oil Reported 82% Fall in Net Profit for 2nd Quarter of FY20
News, Energy

Indian Oil Reported 82% Fall in Net Profit for 2nd Quarter of FY20

SMEStreet Desk- November 1, 2019

"The major reason for the decline in net profit was inventory loss in Q2 as against inventory gains in the same period of previous year," ... Read More