Indian Oil Corporation Ltd. is scheduled to declare its financial results for the October-December quarter next week. The state-owned company, which has a market cap of over Rs 1.83 lakh crore, is a diversified and integrated energy major. Its operations are spread across oil, gas, petrochemicals, and alternative energy sources. The company is the largest government-owned oil producer in the country. Check out all the details about Indian Oil Q3 results set to be declared soon.
Indian Oil Q3 Results: Date And Time
Indian Oil in a letter to stock exchanges on Jan. 17 said that it had revised the date of declaring its Q3 results for FY25. The result date, which was earlier scheduled on Jan. 28, has now been fixed on Jan. 27.
"This is further to our letter dated 1st January 2025 intimating the date of the Board Meeting scheduled on Tuesday, 28th January 2025 inter alia, to consider and approve the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended 31st December 2024," the company had said in a Jan. 1 stock exchange filing.
"It is hereby informed that Board Meeting of Indian Oil has been rescheduled and will now be held on Monday, 27th January 2025. Accordingly, the Trading Window for dealing in securities of Indian Oil shall remain closed till Wednesday, 29th January 2025 for all 'Insiders' as per the Insider Trading Code of the Company," it noted in its updated filing.
In another stock exchange filing, the company said that its management will participate in a conference call (group conference call) to discuss the financial performance of the Company for the Q3 (FY 2024-25) scheduled on Tuesday, Jan. 28 at 11:00 am.
The Management Team will be represented by:
Mr. Anuj Jain – Director (Finance)
Mr. R.V.N. Vishweshwar – ED (Corporate Finance & Treasury)
Mr. Pramod Jain – CGM (Treasury)
Mr. Prabhat Himatsingka – GM (Treasury)
Indian Oil Corp. Share Price History
Shares of Indian Oil Corp. have gained 1.17% over the last five trading sessions on the NSE. In the past month, the share price of the company has fallen 6.70%, while declining 10.50% over the year on NSE.
Indian Oil Q2 Performance Highlights
Indian Oil Corp. reported a 93% sequential drop in its standalone net profit to Rs 180.01 crore, as compared to Rs 2,643.18 crore in the year-ago period. The revenue from operations declined 9.6% quarter-on-quarter to Rs 1,95,148.94 crore against Rs 2,15,988.76 crore.
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