Under recoveries to reach Rs 190,000 cr in the next fiscal: Indian Oil
RS Butola, CMD of Indian Oil spoke to NDTV Profit about the status of the under recoveries. At the current crude price of $125, he expects the under recoveries for the next fiscal 2012-13 will be more than Rs 190,000 cr. "That is almost Rs 55,000 cr jump from the under recoveries of the current year," he said.
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