 "oil refinery, crude oil, oil")
The state-owned Oil Marketing Companies (OMCs) are not expected to cut pump prices in the last two months of 2023, despite posting huge profits in the second quarter (July-September) of the financial year that beat market estimates, officials said on Sunday.
Indian Oil Corporation Limited’s (IOCL) consolidated net profit soared to Rs 13,713 crore in Q2 FY24, bouncing back from a loss of Rs 910 crore in the same quarter of the previous year. For Bharat Petroleum Corporation Limited (BPCL), consolidated net profit reached Rs 8,244 crore in Q2, up from a loss of Rs 338 crore in
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