| its June quarter profit fell 21 per cent from a year ago on decliningand a sharp contraction in core petrochemical earnings. This is the third quarter in a row of shrinking profits at the oil & gas major.Net profit in the April to June quarter was Rs 4,473 crore, slightly better than estimates, down from Rs 5,661 crore.Refining margins came in at $7.6 a barrel, which were better than expected. Investment... |