ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Business Greater Expectations

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

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