IOC2019-07-012019-09-30in-bse-fin:OneOperatingExpenses01Member IOC2019-07-012019-09-30in-bse-fin:OneOperatingExpenses02Member IOC2019-07-012019-09-30in-bse-fin:OneOperatingExpenses03Member IOC2019-07-012019-09-30in-bse-fin:FourOperatingExpenses01Member IOC2019-07-012019-09-30in-bse-fin:FourOperatingExpenses02Member IOC2019-07-012019-09-30in-bse-fin:FourOperatingExpenses03Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue01Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue02Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentRevenue03Member IOC2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue01Member IOC2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue02Member IOC2019-07-012019-09-30in-bse-fin:FourReportableSegmentRevenue03Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults01Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults02Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentResults03Member IOC2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults01Member IOC2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults02Member IOC2019-07-012019-09-30in-bse-fin:FourReportableSegmentResults03Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets01Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets02Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentAssets03Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities01Member IOC2019-09-30in-bse-fin:OneReportableSegmentLiabilities01Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities02Member IOC2019-09-30in-bse-fin:OneReportableSegmentLiabilities02Member IOC2019-07-012019-09-30in-bse-fin:OneReportableSegmentLiabilities03Member IOC2019-09-30in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares IOC 2019-04-01 2020-03-31 2019-09-27 INR Crores Half yearly Multi segment 2019-07-01 2019-09-30 Unaudited Standalone 1323760000000.00 6480000000.00 1330240000000.00 615160000000.00 407120000000.00 -60660000000.00 22340000000.00 13080000000.00 20980000000.00 304080000000.00 1322100000000.00 8140000000.00 0.00 8140000000.00 -1160000000.00 3670000000.00 2510000000.00 0.00 5630000000.00 0.00 0.00 0.00 0.00 5630000000.00 -39620000000.00 -33990000000.00 0.00 0.00 94141600000.00 10 0.61 0.61 0.00 0.00 0.61 0.61 1)tThe above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their respective meetings held on 31st October 2019. n n2)tThe Financial Results have been reviewed by the Statutory Auditors as required under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. n n3)tAverage Gross Refining Margin for the period April - Sep 2019 is $ 2.96 per bbl (April - Sep 2018: $ 8.45 per bbl). n n4)tThe company has accounted for Budgetary Support of Rs.944.41 crore in April - Sep 2019 [April - Sep 2018: Rs.2,270.03 crore] as Revenue Grants on sale of SKO (PDS) included in Revenue from operations and no under-realization is suffered by the Company on this account. n n5)tFor computing earnings per share shares held under “IOC Shares Trust” of face value Rs.233.12 crore has been netted from paid–up Equity Share Capital. Further, pursuant to buy back of 29,76,51,006 equity shares on 14th February 2019, the weighted average number of shares has been adjusted accordingly to compute earnings per share for the year ended on 31 March 2019. n n6)tExpenses for the period April - Sep 2019 includes foreign exchange loss of Rs.1,043.38 crore (April - Sep 2018: Rs.4,424.57 crore). For period July – Sep 2019, foreign exchange loss is Rs.1,135.13 crore (July - Sep 2018: Rs.2,619.72 crore). n n7)tThe revision of Employees Pay and Allowances was due w.e.f 01.01.2017. Based on presidential directive issued on 13.10.2017 dues in respect of executives have been settled. However, the revision of pay and allowances for workmen is under finalization where liabilities have been ascertained on similar lines. An amount of Rs.2,060.02 crore has been carried as liability as on 30th September, 2019 towards dues on this account. n n8)tIndian Accounting Standard (Ind-AS)-116 “Leases” became effective from 01.04.2019 and the company has adopted the same using modified retrospective transition method where at the date of initial application, the lease liability is measured at the present value of remaining lease payments and right of use asset has been recognized at an amount equal to the lease liability. Accordingly, the comparative information for periods relating to earlier years is not restated. Application of this standard has resulted a net decrease in Profit before Tax for the period April - Sep 2019 by Rs.48.64 crore (increase in Depreciation & Amortization expenses and Finance Cost by Rs.217.99 crore and Rs.134.53 crore respectively and decrease in Other Expenses by Rs.303.88 crore). Further, there is a net increase in Asset and Lease Obligations by Rs.3,196.29 crore and Rs.3,418.77 crore respectively as on 30th September 2019. n n9)tDuring the first quarter of current year, Company has opted for settlement of old dispute cases of sales tax/ Value added tax etc. in the state of Maharashtra under the Amnesty scheme announced by the State. Accordingly, on this account, Rs.626.83 crore being the provision no more required has been written back and included in Revenue from operations after full compliance of requirements including deposit of amnesty amount under the scheme. Orders for settlement corresponding to Rs.82.99 crore have been received in this respect. n n10)tIn pursuance to Section 115BAA of the lncome Tax Act, 1961 announced by Government of India through Taxation Laws (Amendment) Ordinance, 2019, company has an irrevocable option of shifting to a lower tax rate along with consequent reduction in certain tax incentives including lapse of the accumulated MAT credit. The company has not exercised this option for current period and continues to recognize the taxes on income for the quarter and half year ended 30th September, 2019 as per the earlier provisions. n n11)tFigures for the previous periods have been regrouped to conform to the figures of the current period. 2019-04-01 2019-09-30 Unaudited Standalone 2825110000000.00 12790000000.00 2837900000000.00 1258290000000.00 866780000000.00 -38200000000.00 46220000000.00 28170000000.00 41900000000.00 572800000000.00 2775960000000.00 61940000000.00 0.00 61940000000.00 8850000000.00 11500000000.00 20350000000.00 0.00 41590000000.00 0.00 0.00 0.00 0.00 41590000000.00 -33340000000.00 8250000000.00 0.00 0.00 94141600000.00 10 4.53 4.53 0.00 0.00 4.53 4.53 Excise duty 206860000000.00 Net Loss on derognition of financial asset at amortised cost 10000000.00 Other Expenses 97210000000.00 Excise duty 393090000000.00 Net Loss on derognition of financial asset at amortised cost 20000000.00 Other Expenses 179690000000.00 Other Business Activities 28300000000.00 Petrochemicals 33580000000.00 Petroleum Products 1281390000000.00 Other Business Activities 48570000000.00 Petrochemicals 72840000000.00 Petroleum Products 2747510000000.00 1343270000000.00 2868920000000.00 19510000000.00 43810000000.00 1323760000000.00 2825110000000.00 Other Business Activities 2350000000.00 Petrochemicals 4940000000.00 Petroleum Products 12710000000.00 Other Business Activities 4690000000.00 Petrochemicals 9680000000.00 Petroleum Products 68720000000.00 20000000000.00 83090000000.00 13080000000.00 28170000000.00 -1220000000.00 Notes: nA. segment revenue comprises sales/income from operation (inclusive of excise duty) and other operatiing income. nB. other operating segment of the corporation comprises ; Gas, Oil & Gas Exploration activities, explosives and cryogenic business and wind mill and solar power generation. nC. Figures for previous periods have been rearranged wherever necessary. -7020000000.00 8140000000.00 61940000000.00 Other Business Activities 38640000000.00 Petrochemicals 174790000000.00 Petroleum Products 2392410000000.00 2605840000000.00 520080000000.00 3125920000000.00 Other Business Activities 10870000000.00 Petrochemicals 3320000000.00 Petroleum Products 1049570000000.00 1063760000000.00 978160000000.00 2041920000000.00