Indian Oil Corp Q1 profit falls 45 pct but beats estimates, as higher inventory losses and lower refining margins weighed on profitability. Company's income from operations for the quarter ended 30th June, 2017 rises by 19.6% at Rs. 1,28,191 crore as compared to Rs. 1,07,197 crore in corresponding quarter of 2016-17. Net profit for the current quarter was Rs. 4,549 crore as compared to Rs. 8,269 crore in the...