Local indian native Oil Company Ltd. (IndianOil) has knowledgeable a loss of Rs. 22,451 crore for the first 1 / 4 of the existing reasonable period completed May 2012 as in comparison to a loss of Rs. 3,719 crore for the corresponding 1 / 4 of the period before. The breakdowns in the existing 1 / 4 are mainly due to:
(a) Unmet under realisation of Rs. 17,485 crore available of HSD, SKO (PDS) and LPG (Domestic) in the inadequate sanction of cost management assistance from Government of Local indian native.
(b) International Return loss of Rs. 3,187 crore.
(c) Inventory evaluation loss of Rs. 4,062 crore affecting Complete Enhancing Advantage.
(d) Greater Interest cost of Rs. 1,849 crore due to delay in account of agreement from Government of Local indian native.
The unaudited reasonable outcomes of the Company were taken on history at the meeting of the Panel of Staff here these days. The Complete Income for the first 1 / 4 of the existing reasonable period completed May 2012 has enhanced by 12.4% to Rs. 101,936 crore from Rs. 90,713 crore during the same period last period.
Mr. RS Butola, Seat, IndianOil, said, "IndianOil available 19.443 million many products, such as exports, during the first 1 / 4 of 2012-13. Our every one fourth improving throughput was 13.579 million plenty and the throughput of the Companies across the nation sewerlines system was 18.583 million plenty. The total improving edge during the first 1 / 4 was US$ (4.81) per bbl which was mainly due to Inventory evaluation loss of Rs. 4,062 crore which outcomes in $ 7.54 per bbl".
(a) Unmet under realisation of Rs. 17,485 crore available of HSD, SKO (PDS) and LPG (Domestic) in the inadequate sanction of cost management assistance from Government of Local indian native.
(b) International Return loss of Rs. 3,187 crore.
(c) Inventory evaluation loss of Rs. 4,062 crore affecting Complete Enhancing Advantage.
(d) Greater Interest cost of Rs. 1,849 crore due to delay in account of agreement from Government of Local indian native.
The unaudited reasonable outcomes of the Company were taken on history at the meeting of the Panel of Staff here these days. The Complete Income for the first 1 / 4 of the existing reasonable period completed May 2012 has enhanced by 12.4% to Rs. 101,936 crore from Rs. 90,713 crore during the same period last period.
Mr. RS Butola, Seat, IndianOil, said, "IndianOil available 19.443 million many products, such as exports, during the first 1 / 4 of 2012-13. Our every one fourth improving throughput was 13.579 million plenty and the throughput of the Companies across the nation sewerlines system was 18.583 million plenty. The total improving edge during the first 1 / 4 was US$ (4.81) per bbl which was mainly due to Inventory evaluation loss of Rs. 4,062 crore which outcomes in $ 7.54 per bbl".
