{"id":485651,"date":"2025-05-03T18:08:27","date_gmt":"2025-05-03T12:38:27","guid":{"rendered":"https:\/\/nagalandpost.com\/?p=485651"},"modified":"2025-05-03T18:08:28","modified_gmt":"2025-05-03T12:38:28","slug":"indian-oil-achieves-historic-sales-milestone-surpassing-100-mmt","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2025\/05\/03\/indian-oil-achieves-historic-sales-milestone-surpassing-100-mmt\/","title":{"rendered":"Indian Oil Achieves Historic Sales Milestone, Surpassing 100 MMT"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">State-run <strong>Indian Oil Corporation (IOC)<\/strong> has reached a <strong>historic milestone<\/strong>, announcing that its <strong>total sales volume, including exports, has exceeded 100 million metric tonnes (MMT) for the first time<\/strong>. The company reported a <strong>3% growth<\/strong>, driven by increases in <strong>petroleum products (1.6%), gas (21%), and petrochemicals (6%)<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In its latest <strong>quarterly results<\/strong>, IOC\u2019s <strong>net profit more than doubled<\/strong>, rising to <strong>Rs 7,265 crore<\/strong>, compared to <strong>Rs 2,874 crore in Q3FY25<\/strong>. The surge was supported by <strong>improved refining margins, inventory gains, and enhanced operational efficiencies<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company\u2019s <strong>Gross Refining Margins (GRMs)<\/strong> stood at <strong>$8 per barrel<\/strong>, a significant improvement from <strong>$2.9 per barrel in the previous quarter<\/strong>. Additionally, <strong>EBITDA margins<\/strong> increased to <strong>7%<\/strong>, reflecting <strong>better cost control and an optimized product mix<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">IOC\u2019s <strong>EBITDA nearly doubled<\/strong>, growing <strong>90% quarter-on-quarter<\/strong> to <strong>Rs 13,572 crore<\/strong>, translating into <strong>strong operating profitability<\/strong>. Meanwhile, <strong>revenue from operations remained steady at Rs 1.95 lakh crore<\/strong>, slightly higher than the <strong>Rs 1.94 lakh crore recorded in the previous quarter<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This achievement underscores <strong>IOC\u2019s continued expansion in refining and clean energy<\/strong>, reinforcing its position as a <strong>key player in India\u2019s energy sector<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run Indian Oil Corporation (IOC) has reached a historic milestone, announcing that its total sales volume, including exports, has exceeded 100 million metric tonnes (MMT) for the first time. The company reported a 3% growth, driven by increases in petroleum products (1.6%), gas (21%), and petrochemicals (6%). In its latest quarterly results, IOC\u2019s net profit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":485652,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[667],"tags":[],"class_list":["post-485651","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/485651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=485651"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/485651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media\/485652"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=485651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=485651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=485651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}