NOC projected profit down to Rs. 13 m

The profit of Nepal Oil Corporation (NOC) is projected to reduce to Rs 13.2 million this month as per the new price list sent by the Indian Oil Corporation (IOC) on July 16.

As per the previous price list sent by the IOC on July 1, NOC was making profit of Rs. 131 million.

As per the new price list, NOC will make profit of Rs. 13.09 per litre in petrol and Rs. 12.80 per litre in kerosene while it will incur a loss of Rs. 1.86 per litre in diesel and Rs. 359.63 per cylinder on cooking gas.

Similarly, it will make profit of Rs. 18.66 per litre in the sale of fuel for domestic purpose and Rs. 30.05 per litre in the international aviation. nepalnews.com