Indian Oil Corporation Limited. Q4 results show revenue fell from 233876.46 to 231926.82 crores, a 0.83% decrease in growth. EPS also rise from ₹0.56 to ₹7.47, up by 1,233.93%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Indian Oil Corporation Ltd. shared its Q4 results on Tuesday. They earned 231926.82 crores in revenue this quarter, but that’s less than the 233876.46 crores they made last quarter. Unfortunately, the company’s growth decreased by 0.83 percent when comparing the two quarters.
In terms of profits, Indian Oil Corporation Ltd’s PAT (Profit After Tax) for this quarter was 10289.82 crores, up from 773.23 crores in the previous quarter. Their quarter-to-quarter growth inclined by 1,230.76 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹7.47, which is an increase of 1,233.93% from the ₹0.56 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 955608.86 crores this year (2023), which is 29.17 percent higher than last year’s total revenue of 739813.06 crores.
This year’s PAT (Profit After Tax) is 9792.12 crores, which is also 60.99% lower than last year’s PAT of 25102.23 crores.
The EPS (Earnings Per Share) for this year is ₹7.11, which is 61.00% less than the EPS of ₹18.23 earned last year.
The company earns the most revenue from its retail and telecom segments, which are its two major revenue sources.
Indian Oil Corporation Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹3 per Equity Share of Face Value of ₹10 each of the Company (30% of Face Value). Total Dividend for FY23 stood at ₹6.40 per Equity Share (Interim Dividend of ₹10 per Equity Share)
| Dividend | Record Date |
| ₹3 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
About Indian Oil Corporation:
The Indian Oil Corporation Limited (IOC) is a central public sector undertaking in India, owned by the Government of India’s Ministry of Petroleum and Natural Gas. Its headquarters is located in New Delhi. This public sector company operates under the supervision of the Ministry of Petroleum and Natural Gas.
Download Full PDF Q4 Results of Indian Oil Corporation: Click Here
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