Indian Oil Corporation, IOC has announced its FY09 results. The company’s FY09 net profit was down at Rs 2599.4 crore versus Rs 7912.7 crore, YoY. Its net sales were up at Rs 2,45,721.6 crore versus Rs 2, 08, 948.4 crore,YoY. Its refining margin was down USD 3.69 from USD 9.02, YoY. …
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