<h1>State-owned energy firm promotes logistics chief to services director, keeps subsidiary non-exec role; Q1 net profit up 19.53%</h1> A state-owned diversified company promoted its executive director responsible for logistics infrastructure and cold chain to director of its services business, assigning oversight of the company's logistics, travel and leisure operations. The appointee also retains a non-executive board role at a company subsidiary operating a port logistics park. The company, which operates under the Ministry of Petroleum and Natural Gas, reported a 19.53% year-on-year rise in net profit for the April-June quarter to Rs 55.93 crore.