Indian Oil Corporation Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

IndianOil's Board approved strong Q1 results. Consolidated revenue from operations rose to ₹2,21,849.02 Cr from ₹2,19,864.34 Cr year-on-year. Net profit surged to ₹6,813.71 Cr compared to ₹3,528.49 Cr last year, driving EPS to ₹4.95 from ₹2.56. The company confirmed no deviation in using funds from past debenture issues. An upcoming positive: the Union Cabinet approved ₹30,000 Cr in LPG compensation for OMCs; IOCL's share is pending formal communication. This indicates a robust financial performance and potential future upside from government support.