Kolkata Wealth Management:Indian Oil Corp Q2 Preview: Profit likely to jump 47% sequentially, margin may improve by 80 bps
Indian Oil Corporation (IOC) will release its second-quarter earnings today, with analysts projecting steady revenue despite anticipated pressures from inventory losses and weak refining margins. Standalone revenue is expected to decrease 6 per cent on a quarter-on-quarter (QoQ) basis to Rs 1,82,087 crore from Rs 1,93,236 crore in the previous quarter, according to Zee Business…