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Moneycontrol23-01-2026, 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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