Indian Oil Corporation Limited — Board Meeting, 30-04-2025: Outcome of Board Meeting

Indian Oil Corporation Limited's Board has approved the financial results for the quarter and half-year. The company reported a consolidated total income of ₹2,25,598.08 crore, fueled by strong petroleum product sales. Notably, net profit stood at ₹10,879.86 crore, aided by the reversal of an exceptional item valued at ₹1,838.02 crore. The Board has proposed a final dividend of ₹3.00 per equity share, pending shareholder approval at the upcoming AGM. Overall, Indian Oil demonstrates robust profitability in a fluctuating market environment.