Indian Oil Corporations’ Q3 FY25 Results: Crude Oil Price Volatility Impacts Profitability😨 IOC has improved its financial performance in Q3 FY25 over the last quarter, increasing the revenue by 10.9% and turning profitable📈 However, on a YoY basis, its revenue is down by 2.9% and profit is down by 76.6%🔽 The key reasons behind the downfall in results are inventory and foreign exchange losses and a fall in product cracks, a spread between the price of refined petroleum products and the cost of crude oil used to produce them🛢️ Stay updated, visit 👉 https://sam-co.in/6S