IOCL Q4 Results Preview: Weaker margins, crude oil volatility may dent profitability
IOCL Q4 Preview: Indian Oil Corporation Ltd (IOCL), the state-owned energy major, is set to announce its fourth-quarter earnings for FY25 on Wednesday, April 30. Analysts are anticipating a subdued performance, largely due to weaker marketing margins, under recoveries in LPG, and pressure on refining spreads. Domestic brokerage Nuvama Institutional Equities expects IOCL’s EBITDA to…