Thursday, February 2, 2023
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HPCL reports back-to-back quarterly losses, posts Rs 2,172-cr loss in Q2

PSU Watch Bureau -
For the first half of the current financial year, state-run HPCL now has a cumulative standalone net loss of Rs 12,369.08 crore
PSU Watch

In a first, Indian Oil reports loss in consecutive quarters

PSU Watch Bureau -
New Delhi: State-owned Indian Oil Corporation (IOC) reported a net loss of Rs 272.35 crore for July-September on Saturday. IOC is facing the loss...
News Updates

Airline industry to report Rs 15,000-17,000-cr loss in FY23: Report

PSU Watch Bureau -
Airlines are expected to report a net loss of around Rs 15,000-17,000 crore this fiscal on account of elevated ATF price and a weak rupee, said ICRA
National News

The worst is behind us, SAIL confident of improving performance in Q4FY21, says CMD

PSU Watch Bureau -

SAIL CMD Soma Mondal has said that the worst is behind us and the steel behemoth is confident of improving its performance in the last quarter of FY2020-21

National News

OIL posts net loss of Rs 249 cr in Q1 of FY21 due to slump in crude oil prices

PSU Watch Bureau -

In Q1 of FY21, Oil India Limited (OIL), which is the country’s second-largest oil and gas producing company, has reported a net loss of Rs 248.61 crore

News Updates

Impairment loss causes ONGC to report its first-ever quarterly loss in Q4 FY2019-20

Shalini Sharma -

ONGC has reported its first-ever quarterly loss in the Q4 of FY2019-20 in the wake of a historical decline in crude oil prices and the continuing slump in gas prices

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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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