IndianOil in FY 2018-19

Revenue from
operations at
Rs 6,05,924 crore

IndianOil Chairman, Mr Sanjiv Singh, addressing a media conference on company's financial results for FY2018-19 in New Delhi.

IndianOil FY'19 results Newspaper Style Design Experiment
Net net sales at Rs 148234.18 crore ; EPS Rs 6.36
Thesynergyonline Corporate Bureau
Revenue from operations

at Rs 6,05,924 crore for the FY'19

NEW DELHI, MAY 17 : IndianOil reported revenue from operations at Rs 6,05,924 crore for the financial year 2018-19 (FY'19} as compared to Rs 5,06,428 crore in the corresponding financial year 2017-18 (FY'18). The company reported revenue from operations of Rs 1,44,472 crore in Q4 18-19 as compared to Rs 1,36,716 crore in the corresponding quarter of FY 17-18. Profit for the fourth quarter of FY 18-19 is Rs 6,099 crores as compared to Rs 5,218 crore in the corresponding quarter of FY 2017-18 (Q4FY'18). The variation is majorly on account of exchange gain in the quarter.The company has reported earning per share (EPS) of Rs.6.36 for the period ended March 31, 2019 as compared to Rs.5.83 for the period ended March 31, 2018.

Net profit for FY'19

at Rs 6,894 crore

The net profit for the financial year ended March 31, 2019 is lower at Rs 6,894 crore as compared to Rs 21,346 crore in the corresponding year mainly on account of exchange losses and lower inventory gain in current year.

IndianOil in FY'19

IndianOil Chairman, Mr Sanjiv Singh :

"IndianOil sold 89.894 million tonnes of products, including exports, during the financial year 2018-19. Our refining throughput for FY 18-19 was 71.816 million tonnes and the throughput of the Corporation's countrywide pipelines network was 88.527 million tonnes during the year. The gross refining margin (GRM) during the year 18-19 was US$ 5.41 per bbl as compared to US$ 8.49 per bbl in corresponding financial year."

Product sales volume in Q4FY'19)

22.638 million tonnes

For the fourth quarter of the fiscal 2018-19 (Q4FY'19), IndianOil's product sales volumes, including exports, was 22.638 million tonnes.

Refining throughput

17.351 million tonnes

The refining throughput was 17.351 million tonnes in the fourth quarter of 2018-19 (Q4FY'19). The throughput of the corporation's countrywide pipelines network was 21.227 million tonnes in the same period.

Net sales

Rs.148234.18 crores

The company has reported net sales of Rs.148234.18 crores during the period ended March 31, 2019 as compared to Rs.139430.83 crores during the period ended March 31, 2018