Home Current Affair June 2018 India's Most Profitable State-owned Company, Indian Oil Corporation

India's Most Profitable State-owned Company, Indian Oil Corporation


Indian Oil Corporation Limited, commonly known as IndianOil is an Indian state-owned oil and gas company. It became the most profitable state company of India for the second consecutive year. Indian oil posted a record profit of Rs. 201 346 in 2017-18, followed by ONGC, whose profit was Rs 19,945.

Mukesh Ambani-led Reliance Industries is the most profitable company for the third consecutive year, posting the highest profit of Rs 40,075.

Published On : 02 Jun 2018

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