Indian Oil Corporation Ltd Q3FY25; 77% fall in Profits

Indian Oil Corporation Ltd Q3FY25; 77% 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 Q3FY25 of ₹1,94,014.00 Crores down from ₹1,99,906.00 Crore year on year, a fall of 2.95%.

Total Expenses for Q3FY25 of ₹1,93,184.00 Crores up from ₹1,89,816.00 Crores year on year, a rise of 1.77%.

Consolidated Net Profit of ₹2,147.00 Crores down 76.73% from ₹9,225.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.50, down 76.53% from ₹6.39 in the same quarter of the previous year.

Tags: petroleum
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