Indian Oil Corporation Ltd

Indian Oil Corporation will hold a meeting of the Board of Directors of the Company on 30 April 2025.Powered by Capital Market - Live

Indian Oil Corporation announced that Dr. (Prof.) Ram Naresh Singh (DIN-07571840), Independent Director, has ceased to be a Director of the Company w.e.f. 8 April 2025, consequent upon completion of his term of 3 years.Powered by Capital Market - Live

Indian Oil Corporation announced that Ruchir Agrawal, Executive Director (Finance), Research & Development Centre, Senior Management of IndianOil (One level below the Board of Directors) has ceased to be Senior Management of IndianOil on 06 March 2025 consequent upon his appointment as Director (Finance) on the Board of Mazagon Dock Shipbuilders. Powered by Capital Market - Live

Indian Oil Corporation Ltd is up for a third straight session in a row. The stock is quoting at Rs 121.45, up 2.89% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 22369.85. The Sensex is at 73869.34, up 1.2%. Indian Oil Corporation Ltd has dropped around 3.63% in last one month. Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has dropped around 5.96% in last one month and is currently quoting at 30239.15, up 2.81% on the day. The volume in the stock stood at 119.91 lakh shares today, compared to the daily average of 120.84 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 121.48, up 2.48% on the day. Indian Oil Corporation Ltd is down 31.52% in last one year as compared to a 0.46% fall in NIFTY and a 23.15% fall in the Nifty Energy index.The PE of the stock is 18.55 based on TTM earnings ending December 24.Powered by Capital Market - Live

Indian Oil Corporation Ltd is down for a fifth straight session today. The stock is quoting at Rs 113.63, down 2.4% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73247.33, down 1.83%.Indian Oil Corporation Ltd has lost around 8.1% in last one month.Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has eased around 8.09% in last one month and is currently quoting at 30659.25, down 2.25% on the day. The volume in the stock stood at 100.17 lakh shares today, compared to the daily average of 119.21 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 114.2, down 2.41% on the day. Indian Oil Corporation Ltd tumbled 31.36% in last one year as compared to a 0.67% rally in NIFTY and a 22.84% fall in the Nifty Energy index.The PE of the stock is 18.31 based on TTM earnings ending December 24.Powered by Capital Market - Live

Indian Oil Corporation announced the appointment of Suman Kumar (DIN-09724749) as Director (Planning & Business Development) of the Company with effect from 26 February 2025. Powered by Capital Market - Live

Net profit of Indian Oil Corporation declined 76.57% to Rs 2115.29 crore in the quarter ended December 2024 as against Rs 9029.56 crore during the previous quarter ended December 2023. Sales declined 2.95% to Rs 194014.49 crore in the quarter ended December 2024 as against Rs 199905.65 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales194014.49199905.65 -3 OPM %3.908.37 - PBDT6370.8516691.52 -62 PBT2086.8012005.28 -83 NP2115.299029.56 -77 Powered by Capital Market - Live

Revenue from operations fell 2.61% YoY to Rs 193,899.50 crore during the quarter as compared with Rs 199,103.97 crore in Q3 FY24. Profit before exceptional items and tax (PBIT) fell 74.09% YoY to Rs 2,790.41 crore during the quarter. PBIT stood at Rs 679.67 crore, which includes favorable orders from the Hon'ble Supreme Court and the Gujarat VAT Tribunal regarding VAT Input Tax Credit under the Gujarat VAT Act 2005. Provisions created in earlier years in the books of the holding company were reversed, amounting to Rs 680 crore in Q3 FY25. Domestic sales increased 6.22% to 24.780 million metric tons (MMT) and the export sales jumped 4.72% to 1.354 MMT in Q3 FY25 over Q3 FY24. During the quarter, the refineries throughput was 18.110 MMT (down 2.12% YoY), the pipelines throughput was 23.985 MMT (down 1.22% YoY). The company's revenue from petroleum products stood at Rs 203,051.80 crore (down 4.03% YoY) while the income from the petrochemicals revenue was at Rs 7,201.85 crore (up 20.36% YoY) during the period under review. Average Gross Refining Margin (GRM) for the period April - December 2024 is $3.69 per bbl (April - December 2023: $13.26 per bbl). The core GRM or the current price GRM for the period April - December 2024 after offsetting inventory loss/ gain comes to $4.22 per bbl. On the margins front, the company's operating margin reduced to 1.49% in Q3 FY25 from 5% posted in Q3 FY24. Net profit margin declined to 1.33% in Q3 FY25 as against 3.62% recorded in the corresponding quarter previous year. Indian Oil Corporation is an Indian government owned oil and gas explorer and producer. As of 31st December 2024, the Government of India held 51.50% stake in the company. Powered by Capital Market - Live

Indian Oil Corporation Ltd is up for a fifth straight session today. The stock is quoting at Rs 129.03, up 0.75% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 23337.8. The Sensex is at 77167.78, up 0.72%. Indian Oil Corporation Ltd has slipped around 6.35% in last one month. Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has slipped around 0.74% in last one month and is currently quoting at 34686.1, up 0.58% on the day. The volume in the stock stood at 45.81 lakh shares today, compared to the daily average of 140.98 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 129.19, up 0.52% on the day. Indian Oil Corporation Ltd is down 7.14% in last one year as compared to a 9.88% jump in NIFTY and a 1.64% jump in the Nifty Energy index.The PE of the stock is 12.3 based on TTM earnings ending September 24.Powered by Capital Market - Live

Indian Oil Corporation will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live