Sarthak Behuria Chairman and MD IndianOil
New Delhi   31-Jul-2009
Lower oil prices had a good impact on oil marketing companies during the quarter. We also had one-time gains in foreign exchange and inventories. IndianOil made an inventory gain of Rs 1,733 crore and foreign exchange gains of Rs 391 crore. The company gained Rs 296 crore on write-back on investments.