- Indian Oil reported a net income of 56.9 billion rupees for the first quarter, which is higher than the previous year’s 26.4 billion rupees but lower than the estimated 72.92 billion rupees.
- The company achieved a revenue of 2.19 trillion rupees, marking a 1.4% increase compared to the previous year.
- Total costs decreased slightly to 2.12 trillion rupees, showing a 0.5% reduction from the prior year.
- Other income saw a 15% rise, reaching 6.13 billion rupees.
- Refining margins fell significantly to $2.15 from the previous year’s level, missing the estimated $5.63.
- The investment community ratings include 21 buys, 7 holds, and 5 sells for the company’s stock.
A look at Indian Oil Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
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Indian Oil Corporation Limited has received high scores in Value and Dividend, indicating strong potential for investors seeking stable returns and undervalued opportunities. With a slightly lower score in Growth, the company may experience slower expansion compared to its peers. Moreover, its Resilience score suggests some vulnerability to market fluctuations, although its Momentum score shows positive trending performance in the near term. Overall, Indian Oil Corp‘s outlook appears promising for long-term investors looking for consistent value and dividend yield.
Indian Oil Corporation Limited, a significant player in the exploration, refining, and manufacturing of petroleum products, boasts a diverse product portfolio that includes lubricating oils, aviation turbine fuels, and bitumen among others. The company’s extensive retail presence across India positions it as a key player in the industry. Majority-owned by the Indian Government, Indian Oil Corp stands as a stable and reliable investment choice for those interested in the oil and gas sector.
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Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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