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VERIFIEDET Finance·positive
IOC, BPCL & HPCL likely to post Rs 14,470 crore profit in Q2
AI Summary
- ·IndianOil, BPCL, and HPCL are expected to report a combined profit of ₹14,470 crore in Q2.
- ·This profit marks a significant recovery from the previous quarter's losses.
- ·The rebound is attributed to strong refining and marketing margins.