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IOC's board of directors approved a final dividend of ₹3 per equity share for FY25.

Indian Oil Q4 profit surges 50% YoY to ₹7,265 cr; board recommends ₹3 final dividend

| @indiablooms | Apr 30, 2025, at 05:54 pm

Mumbai: State-owned Indian Oil Corporation (IOC) reported a net profit of ₹7,264.85 crore for the quarter ended March 2025, marking a 50% increase from ₹4,837.69 crore in the same period last year.

On a sequential basis, profit more than doubled from ₹2,873.53 crore posted in the December quarter.

The company’s board has proposed a final dividend of ₹3 per equity share for FY25, representing 30% of the ₹10 face value.

“The dividend will be paid within 30 days from the date of declaration at the AGM,” the company said, adding that the record date for eligible shareholders will be announced later.

Revenue from operations during the March quarter stood at ₹2.17 lakh crore, broadly in line with the ₹2.16 lakh crore reported a year earlier and marginally lower than ₹2.19 lakh crore in the preceding quarter.

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