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 Q2FY25 of ₹1,74,976.00 Crores down from ₹1,79,246.00 Crore year on year, a fall of 2.38%.
Total Expenses for Q2FY25 of ₹1,78,120.00 Crores up from ₹1,61,662.00 Crores year on year, a rise of 10.18%.
Consolidated Net Profit of -₹449.00 Crores from ₹13,713.00 Crores in the same quarter of the previous year.
The Earnings per Share is -₹0.12, from ₹9.29 in the same quarter of the previous year.