Volume of petrochemical products has increased by 17% and volume of gas sales has increased by 11% over preceding quarter
Indian Oil Corporation Ltd. (IOCL) has shared Revenue from Operations at Rs. 2,16,649 crores in Q3 24-25 in comparison to Rs. 1,95,149 crores within the preceding quarter Q2 24-25, an boost by 11%. The Net Profit in Q3 24-25 is Rs. 2,874 crores as compared to Rs.180 crores within the Q2 24-25 account for better improving and marketing margins at some point of the current quarter.
Indian Oil shared Revenue from Operations of Rs.6,27,787 crores for 9M 24-25 compared to Rs. 6,46,470 crores in comparable duration of preceding financial year. The Net Profit for the nine months ended 31st December 2024 is Rs. 5,697 crores compared to Rs. 34,781 crores in the course of the comparable duration particularly on inventory losses, lowered improving margins suffering from lower cracks in line with the global trends and elevated trade losses during the current period.
Indian Oil sold 74.347 million tonnes of total products, such as exports, throughout 9M 24-25 enrolling an boost of 3% over comparable duration. Our improvement throughput is 53.016 million tonnes and the throughput of the Corporation’s national pipelines network was 74.700 million tonnes during the period. The gross refining margin (GRM) at some point of the period April to December 2024 was US$ 3.69 per bbl. in comparison to US$ 13.26 per bbl. in the comparable period of preceding financial year.
For Q3 24-25, Indian Oil’s overall sales volumes, along with exports, was 26.134 million tonnes that is the highest ever accomplished by the enterprise in any quarter and registered an increase by 14% from Q2 24-25. Out of the overall sales, volume of petroleum products has elevated by 13%, volume of petrochemical products has elevated by 17% and volume of gas sales has extended by 11% over preceding quarter. The improving throughput is 18.110 million tonnes in Q3 24-25 elevated with the aid of 8% from previous quarter and the throughput of the Corporation’s national pipelines network is 24.904 million tonnes at some stage in the quarter an increase by 4% from preceding quarter.
