Categories AlphaGraphs, Earnings

Indian Oil Corporation Ltd Q1FY25; 75% fall in Profits

Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI that has business interests straddling the entire hydrocarbon value chain – from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining & petroleum marketing sector of India.

Financial Results:

Indian Oil Corporation Ltd reported Revenues for Q1FY25 of ₹1,93,845.00 Crores down from ₹1,98,551.00 Crore year on year, a fall of 2.37%.

Total Expenses for Q1FY25 of ₹1,90,108.00 Crores up from ₹1,80,070.00 Crores year on year, a rise of 5.57%.

Consolidated Net Profit of ₹3,723.00 Crores down 74.73% from ₹14,735.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.50, down 75.54% from ₹10.22 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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