Indian Oil Corporation Q4 Results- 31.4% drop
Indian Oil Corporation (IOC) on Tuesday reported a 31.4 per cent drop in the fourth quarter.
Net profit of Indian Oil Corporation on a margin squeeze in petrochemicals and losses on auto fuel sales.
Indian Oil Corporation Q4- Net Profit Low
Indian Oil Corporation Q4 Results- Net Profit
Standalone net profit of ₹ 6,021.88 crore, or ₹ 6.56 a share, in January-March, compared with ₹ 8,781.30 crore.
Sequentially, the profit of Indian Oil Corporation was higher than ₹ 5,860.80 crore in the previous quarter
Indian Oil Corporation Q4- Previous Quarter
Indian Oil Corporation Q4- Operational Revenue
With oil prices surging, revenue from operations rose to ₹ 2.06 lakh crore in the final quarter of this fiscal year.
IOC and other public sector oil companies held petrol and diesel prices for a record duration despite a surge.
Indian Oil Corporation Q4- Held Price
Indian Oil Corporation Q4- Pre-Tax Earning
Pre-tax earnings of Indian Oil Corporation from the sale of petroleum products fell 8 per cent to ₹ 8,251.29 crore
The Board of the company recommended the issue of bonus shares in the ratio of 1:2 -- one new bonus equity share of ₹ 10 each.
Indian Oil Corporation Q4- Dividend
Indian Oil Corporation Q4 Results
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