The company announced Q4 results during trading hours today, 30 May 2013.
Meanwhile, the S&P BSE Sensex was up 70.08 points or 0.35% at 20,217.72.
On BSE, 1.47 lakh shares were traded in the counter as against average daily volume of 86,000 shares in the past two weeks.
The stock hit a high of Rs 299.70 and a low of Rs 292 so far during the day.
The large-cap state-run crude oil refining cum marketing company has equity capital of Rs 2427.95 crore. Face value per share is Rs 10.
Indian Oil Corporation's (IOC) net profit surged 26.56% to Rs 5005.17 crore on 12.2% growth in total income from operations to Rs 447096.41 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).
On consolidated basis, IOC's net profit rose 5.27% to Rs 4449.01 crore on 12.92% growth in total income from operations to Rs 461779.67 crore in FY 2013 over FY 2012.
IOC's average gross refining margins for Q4 March 2013 was $2.39 per barrel, as against $4.25 per barrel in Q4 March 2012. Average gross refining margin for FY 2013 stood at $2.26 per barrel, as against $3.63 per barrel in FY 2012.
IOC suffered a net under-realization of Rs 548.49 crore on sale of regulated products viz. HSD, PDS Kerosene and domestic LPG in FY 2013, as against net under-realization of Rs 22.37 crore in FY 2012.
IOC received budgetary support of Rs 53278.07 crore in FY 2013 from the Government of India (GoI) towards under-recovery on sale of regulated products viz. HSD, PDS Kerosene and domestic LPG.
The Government of India (GoI) holds 78.92% stake in IOC (as per the shareholding pattern as on 31 March 2013).
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