Mumbai, January 28, 2025 – Indian Oil Corporation Limited (NSE: IOC, BSE: 530965) has announced its Q3 FY25 financial results, reporting a profit after tax (PAT) of ₹2,874 crore despite exchange rate fluctuations impacting liabilities. The company’s refinery utilization stood at an impressive 102.3%, reinforcing its strong operational capabilities.
Financial Highlights – Q3 FY25
- Profit Before Tax (PBT): ₹3,470 crore
- Profit After Tax (PAT): ₹2,874 crore
- EBITDA Contribution: ₹8,998 crore
- Exchange Rate Fluctuation Impact:
- Crude Liability: ₹519 crore loss
- Other Liabilities: ₹1,530 crore loss
- Debt Level: ₹1,31,480 crore
- Gross Refining Margin (GRM): $2.95 per barrel
Operational Performance
Refinery Operations:
- Total Throughput: 18.1 million metric tons (MMT)
- Capacity Utilization: 102.3%
- Distillate Yield: 82.2%
- Fuel & Loss Percentage: 8.7%
- High-Sulfur Crude Utilization: 57.6%
Pipeline Operations:
- Total Throughput: 24.9 MMT
Marketing Operations:
- Total Domestic Sales: 22.05 MMT, including:
- LPG: 3.89 MMT
- Petrol (MS): 3.97 MMT
- Diesel (HSD): 9.57 MMT
- Aviation Fuel (ATF): 1.26 MMT
- Fuel Oil & LSHS: 0.86 MMT
- Petroleum Exports: 1.33 MMT
- Total Sales (including gas and petrochemicals): 26.13 MMT