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Indian Oil Corporation Ltd is a Maharatna Company controlled by GOIthat has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals.It has the leadership position in the Oil refining & petroleum marketing sector of India.
Company has announced a board meeting to consider and approve the financial results for the quarter and half-year. Investors await these results for key insights into business performance.
The Company received a ₹0.14 Cr fine from SEBI due to non-compliance with governance regulations. This regulatory action represents a direct financial implication for the business, impacting its operational standing.
Company's Board will meet to approve financial results for the quarter and half-year. They will also consider a rights issue of equity shares and fix its Record Date, signaling a potential capital raise for growth.
The Company has announced a board meeting to consider the financial results for the quarter and half-year. The board will also evaluate raising funds via new share issuance.
Indian Oil posted a Q1 loss, with PBT at ₹(3,274) Cr and PAT at ₹(2,661) Cr, a sharp contrast to the prior quarter. Operational performance showed minor shifts. Key refinery and petrochemical projects are nearing completion by late 2026, backed by Q1 capex of ₹6,461 Cr.