×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Refiners will make profit in fiscal 2009

Refiners will make profit in fiscal 2009
Comment E-mail Print Share
First Published: Thu, Apr 16 2009. 10 47 PM IST
Updated: Thu, Apr 16 2009. 10 47 PM IST
New Delhi:Indian Oil Corp. Ltd, the nation’s biggest refiner, and state-owned rivals will make a profit in the year ended March after oil prices declined from a record, oil secretary R.S. Pandey said. Even in an environment of shrinking margins, the oil companies have managed their inventories well, Pandey said in New Delhi on Thursday.
Comment E-mail Print Share
First Published: Thu, Apr 16 2009. 10 47 PM IST