Below are the financial statements of Indian Oil, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2025 | 2024 |
|---|---|---|
| Revenue from operations | 8,593.63a | 8,812.35a |
| Other income | 35.14a | 38.39a |
| Total income | 8,628.76a | 8,850.74a |
| Expenses | — | — |
| Cost of material consumed | -4,498.13a | -4,464.84a |
| Excise duty | -1,012.57a | -1,048.84a |
| Purchases of stock-in-trade | -2,077.63a | -1,910.19a |
| Changes in inventories of finished goods, stock-in-trade and work-in-progress | -7.9a | -12.91a |
| Employee benefits expense | -108.8a | -116.71a |
| Finance costs | -92.62a | -78.26a |
| Depreciation, amortisation and impairment on | — | — |
| Property, plant and equipment | -164.48a | -156.03a |
| Intangible assets | -3.29a | -2.63a |
| Depreciation, amortisation and impairment on | -167.77a | -158.66a |
| Impairment loss (including reversal of impairment loss) on financial assets | -1.73a | -2.71a |
| Net loss on de-recognition of financial assets at amortised cost | -0.47a | -0.04a |
| Other expenses | -542.3a | -500.18a |
| Total expenses | -8,494.11a | -8,293.32a |
| Profit/(loss) before share of profit/(loss) of associates/ joint ventures, exceptional items and tax | 134.65a | 557.42a |
| Share of profit/(loss) of associates/ joint ventures | 17.6a | 15.46a |
| Profit/(loss) before exceptional items and tax | 152.25a | 572.88a |
| Exceptional items | 18.38a | 0a |
| Profit/(loss) before tax | 170.63a | 572.88a |
| Tax expense | — | — |
| Current tax | -17a | -128.96a |
| Deferred tax | -15.75a | -12.31a |
| Profit/(loss) for the year | 137.89a | 431.61a |
| Profit/(loss) for the period attributable to | — | — |
| Equityholders of the parent | 135.98a | 417.3a |
| Non-controlling interest | 1.91a | 14.31a |
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