Company: Indian Oil Corporation Ltd. Category: Result Analysis


Indian Oil Corp (IOC) on Tuesday reported near doubling of third quarter net profit to Rs 7,883 crore on back of higher refining margins and inventory gains. IOC Chairman Sanjiv Singh said the company board at its meeting today approved a 1:1 bonus share. Net profit in the third quarter of last fiscal was Rs 3,995 crore.
Jan. 30, 2018, 9:44 a.m.

Indian Oil Corporation: 2QFY18 Result Update
Oct. 31, 2017, 12:05 p.m.
Author : Nirmal Bang | Publisher: nirmalbang.com

Indian Oil Corporation: Q2FY18 Result Update
Oct. 30, 2017, 11:43 a.m.

Indian Oil Corporation: 2QFY18 Results Update
Oct. 30, 2017, 9:31 a.m.


State-owned Indian Oil Corp (IOC) today reported 18 per cent rise in second quarter net profit on the back of higher fuel sales. Net profit in July-September at Rs 3,696.29 crore, or Rs 7.80 per share, was 18.4 per cent higher than Rs 3,121.89 crore, or Rs 6.59 a share, net profit in the year-ago period, the company said in a regulatory filing.
Oct. 27, 2017, 11:43 a.m.

Indian Oil Corporation: Result Update - Angel Broking
Aug. 24, 2017, 11:45 a.m.
Author : Nirmal Bang | Publisher: nirmalbang.com

IOCL’s reported Q1FY18 results with EBITDA of Rs79.9bn (PLe: Rs76.4bn) (‐42%YoY, +81%QoQ) and PAT of Rs45.5bn (PLe: Rs38.1bn) (‐45%YoY, +22%QoQ). The operational earnings were impacted by inventory loss of Rs40bn, however, it also included provision write back of Rs28bn.
Aug. 10, 2017, 9:47 a.m.

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