The NOC calculates its profit and loss on 1st and 16th of every month.
NOC´s spokesperson Shiva Prasad Pudasaini said that the NOC made Rs 200.8 million in profit in the calculation of May 1 and Rs 84.3 million in May 16.
Earlier, the NOC had incurred over Rs. 160 million in loss in April.
Similarly, Pudasaini said that the NOC is likely to incur Rs 33.8 million in loss in June due to rise in US Dollar exchange rate.
The NOC imports petroleum products and LP gas from Indian Oil Corporation based on a price in the international market.
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