Indian Oil Corporation Shares Dip 2.05% Amidst Financial Performance Review

M
Moneycontrol•23-01-2026, 15:32
Indian Oil Corporation Shares Dip 2.05% Amidst Financial Performance Review
- •Indian Oil Corporation (IOC) shares fell by 2.05% to Rs 155.79 on January 23, 2026.
- •The company is a constituent of the NIFTY NEXT 50 index.
- •Annual revenue for March 2025 was Rs 758,105 Crore, a decrease from Rs 776,351 Crore in March 2024.
- •Net profit for March 2025 significantly dropped to Rs 12,028 Crore from Rs 41,615 Crore in March 2024.
- •A board meeting is scheduled for February 5, 2026, to review Q3 FY26 unaudited financial results.
Why It Matters: Indian Oil Corporation shares declined over 2% following a review of its financial performance.
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