Indian Oil net profit for Q3 may skid on narrow margins, inventory losses: Analysts on January 23, 2024 at 3:01 am

Quarterly net profit expected to plunge 58% QoQ to Rs 5388.60 crore from Rs 12967.30 crore. Net sales predicted to stay flat sequentially (4% growth), but a 15% YoY decline to Rs 194248.10 crore