
Indian Oil Q4 net profit drops 31%; board recommends dividend, bonus shares
As fuel prices increased, revenue from operations increased 26% to ₹2,06,460.89 crore during Q4 FY22, compared with ₹1,63,732.98 crore in the year-ago period.
As fuel prices increased, revenue from operations increased 26% to ₹2,06,460.89 crore during Q4 FY22, compared with ₹1,63,732.98 crore in the year-ago period.
There won’t be any one form of energy. It will be fossil fuels, gas, renewables and biofuels, says IOC CMD Shrikant Madhav Vaidya.
Oil-marketing companies are gearing up for a transition to non-fossil fuels by transforming into green energy companies selling biofuels and high-value chemicals.
With 10,000, 7,000 and 5,000 charging stations, respectively, IOC, BPCL & HPCL gear up for an EV revolution within 2-3 years.
Company looks to convert 15% of crude into petrochemicals, foray into textile fibre business in a big way.
Public sector companies, in many ways, are the true jewels of the 500 list, and prove to be the best bets for those who want to earn steady returns on investments in the form of equity dividends.
ICICI Bank, L&T make it to top 10; oil and gas companies dominate.
A total of 1,132 NSE-listed companies spent ₹11,961 crore in FY19, an increase of 1.82 times over FY15, according to nseinfobase.com.
Editor’s letter from the December-March 2019 issue.
IOC, led by chairman Sanjiv Singh, is transforming itself into a ‘complete energy’ firm by investing heavily in alternative fuels as challenges from e-vehicles and tighter emission norms grow.