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IOC Q4 Results: Profit plunges 52% YoY to Rs 4,838 crore; dividend declared at Rs 7

IOC Q4 Results: The company s revenue from operations fell 3% to Rs 2.19 lakh crore for the fourth quarter, compared with Rs 2.26 lakh crore in the previous year s quarter. ....

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Marginal cut in aviation turbine fuel price, commercial LPG rate reduced by Rs 30.5

New Delhi, Apr 1 (PTI) Jet fuel or ATF price on Monday was cut by a marginal 0.5 per cent while rates of commercial LPG used by establishments such as hotels and restaurants were slashed by Rs 31 per cylinder in line with international prices. ....

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Chennai refinery expansion cost goes up over Rs 3,600 crore

IOC said its board had on January 29, 2021 approved the implementation of a 9 million tonnes a year refinery at Cauvery Basin, Nagapattinam in Tamil Nadu by CPCL at an estimated cost of Rs 29,361 crore, to meet the demand of petroleum products in southern India. ....

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Indian Oil Q3 net surges 18-fold to ₹8,063 crore, revenue dips

Indian Oil Q3 net surges 18-fold to ₹8,063 crore, revenue dips
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Fuel price revision: Oil companies may slash petrol, diesel prices by Rs 5-10 in Feb ahead of LS polls

The oil marketing companies posted significant net profit in Q1 and Q2 and are expected positive results in Q3. Following the Q3 FY24 results this month, the company may take a call in this regard. ....

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