Priyanka Roy

Indian Oil’s quarterly profit decay 52% due to inventory losses, low fuel prices

Indian Oil Corporation (IOC) on Tuesday reported a 52 percent decline in fourth quarter profit as the company sold fuel below market prices due to inventory losses. While India is the world’s third-largest oil importer and consumer, Indian Oil controls about a third of India’s five million barrel-per-day refining capacity with its unit Chennai Petroleum….

Read More

Yes Bank net profit Growth 123% quarter-on-quarter to Rs 452 crore in Q4

Yes Bank Q4 Results Highlights: Indian private lender Yes Bank reported a significant 123% year-on-year growth in net profit for the fourth quarter (Q4) of FY24,increased to ₹452 crore from ₹202.4 crore in the same quarter last year, well above analysts’ expectations. Sequentially, profits increased 95.2% from the previous quarter, according to the earnings report dated…

Read More