WITH a crude throughput of 4.36 mn tonnes and sale of 6,46 mn kilolitres in 1967-68, Indian Oil has acquired the largest slice, over 40 per cent, of the domestic market. In money terms, the turnover amounted to Rs 431 crores, almost one-third larger than the pre-vious years. Profit (there is no tax liability as yet) was Rs 10.83 crores in 1967-68 against Rs 6.26 crores in 1966-67. Notes attached to the accounts indicate that the profit is arrived at without providing for certain contingent liabilities
To read the full text Login
New 3 Month Subscription
to Digital Archives at
₹826for India
$50for overseas users
Comments
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.