Indian Oil under-recoveries at Rs 244 crore per day
PK Goyal, Director Finance of IOC told NDTV Profit that under recoveries for the oil company currently stood at Rs 244 cr per day while total under recoveries for industry is likely to be around Rs 1.39 lakh cr in FY'12. On Q4 under recoveries, he said that it is likely to be around Rs 22,000 cr.
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