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- Swipe Up!!!

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