Indian Oil Corporation Limited (IOC) share price saw a notable rise, trading at ₹149.20, up ₹5.92 or 4.13% from the previous close of ₹143.28.
The stock opened at ₹145 and reached a high of ₹149.74 during the session, showing strong intraday momentum. The low for the day was ₹144.75.
Indian Oil Corporation Ltd (IOC), India’s largest oil marketing company, delivered a robust performance in the fourth quarter of FY25, with its net profit soaring by 50% year-on-year to ₹7,264.85 crore.
This compares with ₹4,837.69 crore earned in the same quarter last year. On a sequential basis, the profit more than doubled from ₹2,873.53 crore in Q3 FY25, reflecting a sharp rebound in operational efficiency and earnings.
Alongside the stellar profit figures, IOC’s board has recommended a final dividend of ₹3 per share for the financial year 2024-25. This proposed dividend, amounting to 30% of the share’s ₹10 face value, will be subject to shareholder approval at the upcoming annual general meeting (AGM).
The company has stated that the dividend will be paid within 30 days of its declaration, with the record date to be announced soon.
For the quarter ended March 2025, revenue from operations stood at ₹2.17 lakh crore, largely unchanged from ₹2.16 lakh crore in Q4 FY24 and marginally down from ₹2.19 lakh crore in the previous December quarter.
This stability in revenue highlights the company’s ability to maintain consistent topline performance despite fluctuations in crude prices and refining margins.
Read More: Paint Stocks Surge as Crude Oil Prices Crash.
The upbeat quarterly performance and dividend proposal offer renewed confidence for investors, especially as oil marketing companies navigate a complex global energy landscape.
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Published on: May 5, 2025, 11:19 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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