Indian Oil Corporation · NSE: IOC · BSE: 530965

Q1 FY23 results · Apr–Jun 2022

Indian Oil Corporation reported revenue from operations of ₹2,55,381.62 crore (up 63.2% from Q1 FY22) and net profit of ₹882.96 crore (down 85.6% from Q1 FY22) for Q1 FY23 (Apr–Jun 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY23	Q1 FY22	YoY	Q4 FY22	QoQ
Revenue from operations	2,55,381.62	1,56,519.19	+63.2%	2,09,049.16	+22.2%
Other income	622.98	499.22	+24.8%	580.70	+7.3%
Total income	2,56,004.60	1,57,018.41	+63.0%	2,09,629.86	+22.1%
Profit before share of associates & JVs and tax	975.66	7,683.42	−87.3%	9,754.91	−90.0%
Share of profit/(loss) of associates & JVs	367.95	346.73		136.51
Net profit for the period	882.96	6,140.63	−85.6%	7,089.18	−87.5%
Attributable to shareholders of the company	(279.38)	6,109.69	Turned loss	6,645.72	Turned loss
EPS, basic (₹)	(0.20)	6.65	Turned loss	7.24	Turned loss
Net margin (%)	0.3	3.9		3.4

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY23	Q1 FY22	YoY	Q4 FY22	QoQ
Revenue from operations	2,51,932.89	1,55,056.27	+62.5%	2,06,460.89	+22.0%
Other income	683.65	563.56	+21.3%	951.70	−28.2%
Total income	2,52,616.54	1,55,619.83	+62.3%	2,07,412.59	+21.8%
Profit before tax	(2,529.24)	7,798.48	Turned loss	8,084.68	Turned loss
Net profit for the period	(1,992.53)	5,941.37	Turned loss	6,021.88	Turned loss
EPS, basic (₹)	(1.45)	6.47	Turned loss	6.56	Turned loss
Net margin (%)	-0.8	3.8		2.9

Consolidated

Filed with BSE: 30 Jul 2022, 11:22 IST
Board meeting: 29 Jul 2022
Period: 01 Apr 2022 to 30 Jun 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 30 Jul 2022, 11:22 IST
Board meeting: 29 Jul 2022
Period: 01 Apr 2022 to 30 Jun 2022
Review status: Unaudited
Source: XBRL filing on BSE