Indian Oil This fall: India’s largest downstream oil refiner, Indian Oil Company Restricted (IOC) has declared the outcomes of the March quarter on Wednesday, April 30, which has been higher than anticipated. The corporate’s gross refining margin (GRMS) has been $ 8 per barrel throughout this era. Which is way larger than the estimate of CNBC-TV18. Within the CNBC-TV18 survey, it was estimated that the corporate’s GMR was estimated to be between $ 4.5 to $ 6.5 per barrel. Tell us that the distinction between the full worth of petroleum merchandise popping out of the refinery and the value of uncooked supplies is named a gross refining margin. Indian Oil achieved a GMR of $ 2.9 per barrel within the final quarter. The corporate’s internet revenue within the quarter ended 31 March 2025 stood at Rs 7,265 crore as in comparison with the December quarter of Rs 2,874 crore. The corporate’s working earnings within the fourth quarter has elevated from 1.94 lakh crores to 1.95 lakh crores within the December quarter. However that is greater than an estimate of 1.91 lakh crore of CNBC-TV18. The corporate’s Ebitda margin has been 7 per cent within the fourth quarter, which is greater than 3.7 per cent within the earlier quarter. The CNBC-TV18 pole was estimated to be at 4.1 per cent. The shares of the Indian Oil Company noticed a growth after the declaration of the outcomes. However later the inventory rose 1.1 % to Rs 137.31. The inventory is flat on year-on-year foundation. Nevertheless it has elevated by 5.5 % within the final one month.
