NEW DELHI. Several major Indian oil companies staged a significant financial turnaround in Q2FY27 after reporting losses in the previous quarter. Indian Oil Corporation moved from a loss of Rs 1,141 crore in Q1 to a profit of Rs 22,503 crore in Q2, while Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) also returned to profitability, reflecting a marked improvement in their financial performance.
Indian Oil, BPCL and HPCL Return to Profitability in Q2FY27
