<p>An employee fills a car with petrol at a station in Jammu</p><p><b>Indian Oil Corporation (IOC), one of the largest public sector oil companies, posted net profit for the fourth quarter ended at Rs 3,905 crore, down 29.72% from Rs 5,557 crore in the same quarter a year ago.</b></p><p>The net sales were posted at Rs 86,880 crore, increased by 31.39% as compared to Rs 66,122 crore in the corresponding quarter in the previous year.</p><p><b>BPCL</b> also reported a 33% jump in its consolidated net profit in the quarter ended March 31 on back of higher refining margins</p><p><b>(Pictures by Reuters)</b></p>