News Releases: IndianOil
WEBJan 10, 2024 · Welcome to the world of IndianOil, an integrated oil company in India and across the globe has its presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources.
Indian Oil shares drop after co withdraws Rs 22,000 crore rights …
WEB4 days ago · Indian Oil Corporation's shares fell 1% after announcing the withdrawal of its Rs 22,000 crore rights issue. The government decided not to allocate funds for oil marketing companies in the Budget 2024-25. IOC's decision followed an 81% drop in net profit for the June 2024 quarter. Revenue from operations also fell 2% year-on-year.
Indian Oil Corporation withdraws proposed ₹22,000 crore rights …
WEB4 days ago · Indian Oil Corporation Ltd. (IOC) has informed the exchanges that it has withdrawn the proposed rights issue of ₹22,000 crore. The company had approved raising ₹22,000 crore through a rights issue mechanism on July 7, 2023, subject to statutory approvals. In the recently announced Union Budget, the …
Indian Oil Corp withdraws $2.6 bln rights issue | Reuters
WEB4 days ago · Refiner Indian Oil Corp is withdrawing its proposed 220 billion rupee ($2.63 billion) rights issue of shares, it said on Monday, citing non-participation from the federal government.
Indian Oil posts first profit increase in five quarters as crude prices ...
WEBBENGALURU, May 16 (Reuters) - Indian Oil Corp Ltd (IOC) (IOC.NS), the country's top refiner, reported its first rise in profit in five quarters on Tuesday, as cooling crude prices bolstered...
News Release Archives - IndianOil
WEBIndian Oil Corporation Limited (IndianOil), India's flagship national oil company and, LanzaTech, carbon recycling company, have signed a Statement of Intent to construct the world's first refinery off gas-to-bioethanol production facility in India.
Indian Oil Corporation Withdraws Rs 22,000 Crore Rights Issue
WEB4 days ago · The Rights Issue was originally approved on July 7, 2023, and aimed at raising capital through equity shares. Indian Oil on Monday withdrew a proposed rights issue worth Rs 22,000 crore, according to a regulatory filing.
indian oil corporation: IOC market share climbs to 43%, posts …
WEBApr 3, 2023 · IOC, the nation's top oil firm, added almost 1,800 petrol pumps, clocked highest ever throughput at its refineries, posted a 14 per cent jump in fuel sales and registered the highest-ever pipeline expansion during 2022-23 (April 2022 to March 2023), the firm said in a statement.
Indian Oil Corp’s profit rises after 5 quarters, jumps 52% to Rs …
WEBMay 16, 2023 · Indian Oil Corporation Ltd (IOCL) on Tuesday reported a jump of 52 per cent in its consolidated net profit to Rs 10,841.23 crore year-on-year (YoY) in Q4FY23. In the same quarter last year, IOCL’s net profit stood at Rs 7,089.18 crore.
Indian Oil withdraws proposed rights issue of equity shares worth …
WEB4 days ago · Indian Oil Corporation Ltd. (IOC) has withdrawn the proposed rights issue of up to Rs 22,000 crore. The board of the company had approved raising of capital by way of issue of equity shares on ...