Indian Oil (IOC) — Board Meeting

1 Board Meeting 🟡 Notable Neutral 📄 PDF

IOC's Board met on October 27, 2025, and noted the appointment of four statutory auditors for FY 2025-26 as designated by India's Comptroller and Auditor General. All four firms—K G Somani & Co. LLP, Khandelwal Jain & Co., Komandoor & Co. LLP, and MKPS & Associates—were reappointed. These established audit firms bring multi-decade experience across financial, SOX, and regulatory compliance services.

2 Board Meeting 🟡 Notable ✨ Positive 📄 PDF

Indian Oil Corporation Limited's Board approved Q2 and H1 FY2025-26 unaudited results on October 27, 2025. H1 net profit surged ₹14,998.98 crore (standalone: ₹13,299.05 crore), up 358% YoY, driven by improved refining margins of 6.32 USD/bbl (+55% YoY) and ₹14,486 crore government LPG compensation. Operating cash flow reached ₹32,747.69 crore. Total assets stand at ₹516,472.40 crore with equity of ₹201,953.68 crore. Physical performance includes 22.851 MMT domestic product sales and 17.609 MMT refinery throughput in Q2.

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About Indian Oil Corporation Limited (IOC)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹1,89,902.41 Cr P/E: 17.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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