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Indian Oil schedules July 31 board meeting to approve Q1 results
The company says its trading window will stay closed for insiders until Aug. 2, 2026.
Indian Oil Corporation Ltd has scheduled a board meeting for Friday, July 31, 2026, to consider and approve its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, according to an exchange filing reported by LiveMint Markets.
The filing also said Indian Oil’s trading window for designated insiders will remain closed until Sunday, August 2, 2026. The window was closed effective July 1, 2026, and will remain shut in line with an earlier communication dated June 25, 2026.
Ahead of the results, LiveMint Markets cited broker Equirus’ outlook that Indian Oil’s Q1FY27 performance is likely to be weak, including a projected consolidated loss. Equirus estimated EBITDA at around minus ₹ 135 billion, with net sales of ₹ 24,03,663 million, up 17.7% sequentially and 24.6% year over year.
The broker’s note pointed to factors such as weak-to-negative marketing margins and inventory losses, partly offset by strong refining cracks and previously announced LPG compensation instalments. LiveMint Markets also cited projections for continued profitability pressure, including EBITDA margin at minus 6%, and said Indian Oil’s shares traded around the 141 to 142 rupee range in the session described in the article.