Indian Oil Corporation announced a significant 78% jump in net profit for the March quarter. Revenue also saw a healthy increase. The company’s board recommended a final dividend for shareholders. Despite global uncertainties, IOC’s profitability remained strong. Financial metrics like debt-to-equity ratio and profit margins showed improvement.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq