What is the gross refining capacity of IndianOil?
The group refining capacity is 80.55 million metric tonnes per annum (MMTPA) – the largest share among refining companies in India.
Is Iocl profit or loss?
Financials
| Profit & Loss account of Indian Oil Corporation (in Rs. Cr.) | Mar 22 | Mar 18 |
|---|---|---|
| Total Expenses | 570,754.94 | 394,889.04 |
| Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax | 31,733.07 | 32,564.28 |
| Exceptional Items | 0.00 | 0.00 |
| Profit/Loss Before Tax | 31,733.07 | 32,564.28 |
Is Iocl a profitable company?
For the full fiscal (April 2021 to March 2022), the company posted a record ₹ 30,443.93 crore net profit, an increase of 15 per cent over the previous financial year.
Do IOCL employees get pension?
Maximum benefit payable is 40% of last drawn salary for 32 years of reckonable service. 13843 beneficiaries are receiving pension under the Defined Benefit Scheme.
What is the turnover of IOCL?
Profit & Loss – Indian Oil Corporation Ltd. Rs (in Crores)
| Mar’21 | Mar’19 | |
|---|---|---|
| INCOME: | ||
| Sales Turnover | 514890.47 | 605932.34 |
| Excise Duty | 136832.86 | 78231.08 |
| NET SALES | 378057.61 | 527701.26 |
What is the record date for ioc bonus?
01-07-2022
Indian Oil Corporation Ltd.
| Announcement Date | Bonus Ratio | Record Date |
|---|---|---|
| 17-05-2022 | 1:2 | 01-07-2022 |
| 30-01-2018 | 1:1 | 17-03-2018 |
| 29-08-2016 | 1:1 | 19-10-2016 |
| 13-09-2009 | 1:1 | 30-10-2009 |
When ioc dividend will be credited 2022?
Indian Oil Corporation Ltd.
| Announcement Date | Ex-Date | Dividend (Rs) |
|---|---|---|
| 31-01-2022 | 09-02-2022 | 4.00 |
| 01-11-2021 | 11-11-2021 | 5.00 |
| 19-05-2021 | 05-08-2021 | 1.50 |
| 10-03-2021 | 23-03-2021 | 3.00 |
What is the gross refining margin of Indian Oil Corporation Ltd?
The gross refining margin (GRM) jumped to $6.58 per barrel from a negative $1.98 per barrel a year earlier. The core GRM after offsetting inventory gains comes to $2.24 per barrel. Stock score of Indian Oil Corporation Ltd moved up by 3 in an year on a 10-point scale.
What is the salary of an IOCL grade pay?
IOCL grade pay is various as per the situation of the worker. The PayScale of IOCL climb will be in the middle of 30% to 40% that will be converged in the fundamental compensation. The in-hand salary of the Indian Oil Corporation Limited officer differs between 60,000 per month to 55,000 per month without any extra perks.
What is gross refining margin (GRM)?
The gross refining margin GRM is the difference between the total value of petroleum products coming out of an oil refinery (output) and the price of the raw material, (input) which is crude oil. The margins are calculated on a per-barrel basis.
What are the factors that affect refining margins?
The other factor that affects the GRM is the value of ‘fuel & losses’ — oil used up in running the refinery or lost from the system. GRM is typically expressed in US dollars per barrel. A GRM of $1/bbl translates to about Rs 325/ton. What are the refining margins for Indian refineries?