Indian Oil's 2008-09 net slumps despite bumper Q1

摘要

Singapore-Indian Oil Corporation, the largest refiner and marketer in India's state sector, May 29 reported a major financial turnaround in the January-March quarter, netting a profit of Rupees 66.23 billion ($1.38 billion) for the period versus a net loss of Rupees 4.14 billion in Q1 2008.