Economy · India
Indian Oil reports first quarterly loss in 15 years
Indian Oil Corporation reported a consolidated net loss of ₹1630.74 crore for the June 2026 quarter. This marks the company's first quarterly loss in 15 years. The company stated that crude supplies are secured for August and most of September. Several other companies also reported their quarterly financial results, with mixed outcomes.
How outlets across the spectrum covered it
Left 1 · Centre 3 · Right 0 n = 4
- Left (1): The Hindu
- Centre (3): Business Standard, Mint, The Free Press Journal
- International (1): Reuters