Indian Oil Q1 Results: Costlier Fuel Brings Profit, Revenue Nearly Halves
People with and without protective masks stand next to an Indian Oil Corp. gas station during a partial lockdown imposed due to the coronavirus in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Indian Oil Q1 Results: Costlier Fuel Brings Profit, Revenue Nearly Halves

Indian Oil Corp. Ltd. returned to profit in the quarter ended June as it hiked retail fuel prices, trying to recover costs after the government raised taxes when crude fell.The oil marketer posted ...
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