Inter State Oil Carrier Ltd — Updates, 24-05-2025: Company Update
Inter State Oil Carrier Limited has announced a board meeting on which approved the financial results for the quarter and year ended March 31, 2025. Revenue from operations was Rs. 2300.74 lakh for the quarter and Rs. 8814.82 lakh for the year. Profit before tax stood at Rs. 22.49 lakh for the quarter and Rs. 155.90 lakh for the year, with net profit of Rs. 14.07 lakh and Rs. 114.42 lakh respectively. No dividend has been proposed. The company re-appointed its secretarial auditor and internal auditor for FY 2025-26. Mr. Sanjay Jain was re-appointed as Managing Director for three years from September 1, 2025, subject to approvals. Significant borrowings rose from Rs. 9.81 Cr to Rs. 15.89 Cr over the year. The audit report was unmodified, confirming clean financials. Updated policies on insider trading and related party transactions were approved.
