IOC share price: Should you buy this PSU stock after Q4 results, dividend announcement?
IOC share price: Public sector oil marketing and refining company (OMC) Indian Oil Corporation shares will hog the limelight in trade on Friday, May 2, following the announcement of the fourth quarter (Q4) results for the period ended March 2025.
Following the strong Q4 performance and dividend payout, analysts are largely bullish on the company, suggesting possibility of an upside in IOC share price tomorrow.
IOC Q4 Results
The state-run OMC on Wednesday, April 30, posted a 50% year-on-year (YoY) jump in its standalone net profit to ₹7,264.85 crore in the January-March quarter of the financial year 2024-25 (Q4 FY25). The profit stood at ₹4,837.69 crore earnings in the same period a year back.
Also Read | IOC Q4 results: PAT jumps…
