Indian Oil Corporation Limited — Results, 27-01-2025: Integrated Filing- Financial
27-01-2025 | 02:44 pm
27-01-2025 | 02:44 pm
Indian Oil Corporation Limited has announced a board meeting to present the financial results for the quarter ended 31 December 2024. The company reported a revenue of ₹2,16,649.47 crore, reflecting a slight decrease compared to the previous year. However, the net profit for the quarter stands at ₹2,873.53 crore, indicating resilience despite a challenging market. Notably, the company continues to maintain no defaults on loans or debt securities, which bodes well for its financial stability. This performance may bolster investor confidence, resulting in a positive outlook for the company's stock amidst ongoing market fluctuations.
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