Indian Oil declares Record Date for Dividend
The Board of the company in its meeting held on 30th April 2025 had recommended a dividend for financial year 2024-25, subject to the approval of the members of the Company in the forthcoming Annual General Meeting of the Company.
Maharatna PSU, Indian Oil Corporation Ltd (IOCL) in its Board meeting today, 26 June 2025 has fixed Friday, 08th August 2025 as Record Date to determine eligibility of shareholders to receive the dividend of Rs. 3.00 per equity share of the Company for the financial year 2024-25.
The Board of the company in its meeting held on 30th April 2025 had recommended a dividend for financial year 2024-25, subject to the approval of the members of the Company in the forthcoming Annual General Meeting of the Company.
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Financially, the net income of the March end quarter stood at Rs 8.12K crore, up by 57.78% YoY and net profit margin stood at 4.16%, up by 60.62% YoY.
Shares of IOCL were closed at Rs 146.41, up by 3.12% at BSE. With the huge market capitalization of Rs 2.06Lakh crore, the company is having P/E ratio of 14.83. The stock opened in Thursday`s session at Rs 142.10 at BSE
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