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IOC Q4: IOC to invest Rs 5,215 cr to build 1GW renewable energy capacity - Vimarsana News

IOC Q4: IOC to invest Rs 5,215 cr to build 1GW renewable energy capacity

Indian Oil Corp announced a Rs 5,215 crore investment to develop 1 GW of renewable energy capacity in India. The plan includes setting up standalone solar, wind, or hybrid projects. Indian Oil will invest Rs 1,304 crore in equity and establish a renewable energy subsidiary.

IOC Q4 Results: Profit plunges 52% YoY to Rs 4,838 crore; dividend declared at Rs 7 - Vimarsana News

IOC Q4 Results: Profit plunges 52% YoY to Rs 4,838 crore; dividend declared at Rs 7

IOC Q4 Results: The company's revenue from operations fell 3% to Rs 2.19 lakh crore for the fourth quarter, compared with Rs 2.26 lakh crore in the previous year's quarter.