IOC Likely To Report Strong Q3, Marketing Margins To Come Under Pressure

IOC Likely To Report Strong Q3, Marketing Margins To Come Under Pressure

Indian Oil Corporation (IOC), the country’s largest fuel retailer, is likely to report strong third quarter numbers on the back of increased refinery throughput and crude inventory gain offsetting lower refining and marketing margins arising due to lack of adequate increase in auto fuel prices during state elections, according to experts.

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