The board member of Indian Oil Corporation Company has proposed a final dividend of Rs 7 per share for the financial year 2023–24.
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| Indian Oil Corporation Company has proposed a final dividend of Rs 7 per share. |
Indian oil Q4 Result:
PSU company Indian Oil's profit fell by 52%, board announced dividend.
Indian oil Corporation Ltd Q4 Result: Indian Oil Corporation has reported a 52 percent decline in standalone net profit to Rs 4838 crore during the March quarter. The board member has also declared dividend.
PSU oil company Indian Oil Corporation on Tuesday presented the results for the March quarter of its financial year 2024. In this report, the company's standalone net profit has fallen by 52 percent to Rs 4838 crore. During the March quarter of the financial year 2023 or about Rs 10059 crore was reported.
The 52 week high level of Indian Oil Corporation stock is Rs 196. The 52 week low level is Rs 81.
Indian oil Corporation Ltd Q4 Result: Indian Oil Corporation has reported a 52 percent decline in standalone net profit to Rs 4838 crore during the March quarter. The board member has also declared dividend.
PSU oil company Indian Oil Corporation on Tuesday presented the results for the March quarter of its financial year 2024. In this report, the company's standalone net profit has fallen by 52 percent to Rs 4838 crore. During the March quarter of the financial year 2023 or about Rs 10059 crore was reported.
Stock Performance
After the market closed in Tuesday's trading session, the shares of Indian Oil Corporation Limited fell by 4.4 percent and closed at the level of Rs 168.Dividend
Revenue from Operation, Ebitda
During the March quarter, the company's revenue from operations fell by three percent to Rs 2.19 lakh, which was around Rs 2.26 lakh crore in the previous March quarter. During the quarter, the company's other income has increased to Rs 1657 crore. EBITDA has been reported around Rs 10435 crore.Past performance of the stock
If we look at the performance of Indian Oil Corporation stock, in the last 3 months this stock has given a return of more than 14 percent to its investors, while in 1 year the stock has seen a rise of about 107 percent.The 52 week high level of Indian Oil Corporation stock is Rs 196. The 52 week low level is Rs 81.
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