Oil India’s second quarter net profit decreases by 81% due to tax provisioning
Oil India Ltd’s second quarter net profit has seen an 81% drop due to a one-time provisioning for tax liability, according to a filing with the stock exchange. The company’s standalone net profit for the July-September period was reported at Rs 325.31 crore, down from Rs 1,720.53 crore in the same period last year. As…