{"id":156146,"date":"2023-11-13T06:42:10","date_gmt":"2023-11-13T11:42:10","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156146"},"modified":"2023-11-13T06:42:11","modified_gmt":"2023-11-13T11:42:11","slug":"indian-oil-corporation-ltd-q2fy24-14-fall-in-revenue","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indian-oil-corporation-ltd-q2fy24-14-fall-in-revenue\/","title":{"rendered":"Indian Oil Corporation Ltd Q2FY24; 14% fall in Revenue"},"content":{"rendered":"<p>Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI that has business interests straddling the entire hydrocarbon value chain &#8211; from Refining, Pipeline transportation and marketing of Petroleum products to R&amp;D, Exploration &amp; production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining &amp; petroleum marketing sector of India.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>Indian Oil Corporation Ltd reported Revenues for Q2FY24 of \u20b91,79,246.00 Crores down from \u20b92,08,757.00 Crore year on year, a fall of 14.14%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b91,61,662.00 Crores down from \u20b92,10,314.00 Crores year on year, a fall of 23.13%.<\/li>\n<li>Consolidated Net Profit of \u20b913,713.00 Crores from -\u20b9910.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b99.29, from -\u20b90.70 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-164-839x1024.png\" alt=\"\" class=\"wp-image-156148\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-164-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-164-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-164-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-164-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-164.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-3.gif\" alt=\"\" class=\"wp-image-156020\" width=\"435\" height=\"161\"\/><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI that has business interests straddling the entire hydrocarbon value chain &#8211; from Refining, Pipeline transportation and marketing of Petroleum products to R&amp;D, Exploration &amp; production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining &amp; petroleum marketing sector [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9172],"class_list":["post-156146","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-oil"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":157560,"url":"https:\/\/alphastreet.com\/india\/bharat-petroleum-corporation-ltd-q2fy24-10-fall-in-revenue\/","url_meta":{"origin":156146,"position":0},"title":"Bharat Petroleum Corporation Ltd Q2FY24; 10% fall in Revenue","author":"Divyansh_Kasana","date":"January 2, 2024","format":false,"excerpt":"Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products. Financial Results: Bharat Petroleum Corporation Ltd reported Revenues for Q2FY24 of \u20b91,03,044.00 Crores down from \u20b91,14,820.00 Crore year on year, a fall of 10.26%. Total Expenses\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155321,"url":"https:\/\/alphastreet.com\/india\/chennai-petroleum-corporation-ltd-q2fy24-4154-rise-in-profits\/","url_meta":{"origin":156146,"position":1},"title":"Chennai Petroleum Corporation Ltd Q2FY24; 4154% rise in Profits","author":"Divyansh_Kasana","date":"October 26, 2023","format":false,"excerpt":"Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives. Financial Results: Chennai Petroleum Corporation Ltd reported Revenues for Q2FY24 of \u20b916,545.00 Crores down from \u20b919,509.00 Crore year on year, a fall of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-122.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-122.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-122.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-122.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-122.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-122.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":166899,"url":"https:\/\/alphastreet.com\/india\/indian-oil-corporation-ltd-q3fy25-77-fall-in-profits\/","url_meta":{"origin":156146,"position":2},"title":"Indian Oil Corporation Ltd Q3FY25; 77% fall in Profits","author":"Divyansh_Kasana","date":"February 17, 2025","format":false,"excerpt":"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. 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It has the leadership position in the Oil\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-72.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-72.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-72.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-72.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-72.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-72.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=156146"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156146\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=156146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=156146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=156146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}