Latest Breaking News On - Indian oil corporation indianoil - Page 1 : comparemela.com

The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.

Prabhudas lilladherMotilal oswalDominic xavier rediffIndian oil corporationIndian oil corporation indianoilTata groupMinistry of powerPower finance corporationBusiness standardShree cementFinance corporationTorrent powerStar bazaarCoal indiaBusiness newsUsiness news india