IOC Q1 Results: Net Profit rises by 45.32%, Revenue rises marginally, Check Shares
The Net Profit reported for the quarter at Rs 6808.12 crore, up by 45.32% as against Rs 3722.63 crore in Q1FY25. On the consolidated basis, the Operating margin as of quarter under review is at 4.61% and for the full year is at 2.44%.
IOC Q1 Results: Net Profit rises by 45.32%, Revenue rises marginally, Check Shares
State-owned Indian Oil Corporation Ltd (IOCL) has declared its quarterly financial results for the first quarter. The company has registered strong profit growth with marginal revenue output.
The Revenue from operation for the quarter is standing at Rs 2.21 lakh crore as compared to Rs 2.19 lakh crore in the corresponding period of previous year.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
Read Also : Kotak Bank Promotes Manish Agarwal to Senior Management RoleThe total income of the company as of Q1FY26 is at Rs 2.22 lakh crore. Meanwhile, the total expenses of the Oil PSU is at Rs 2.14 lakh crore.
The Net Profit reported for the quarter at Rs 6808.12 crore, up by 45.32% as against Rs 3722.63 crore in Q1FY25. On the consolidated basis, the Operating margin as of quarter under review is at 4.61% and for the full year is at 2.44%.
Read Also : ELCINA Honors Dr. Anesh Kumar Sharma for Outstanding Contribution to India’s Strategic Electronics SectorThe Net Profit Margin is at 3.07% on the quarterly basis and fir the full financial year it is at 1.60%.
Shares of IOCL are closed at Rs 140.17, down by 1.61% and the stock has been trading down by -6.63% since last one month.
Read Also : 44th AGM OF NALCO