BusinessFinancial Express
Indian Oil slips into Rs 1,141-crore Q1 loss as fuel margins collapse
in5points
Indian Oil Corporation reported a consolidated net loss of ₹1,141 crore in Q1 FY27.
The loss was driven by weak petroleum marketing margins, which outweighed refining gains.
Revenue rose 27% to ₹2.82 lakh crore during the quarter.
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