IOC2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member IOC2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member IOC2019-10-012019-12-31in-bse-fin:OneOperatingExpenses03Member IOC2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member IOC2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member IOC2019-10-012019-12-31in-bse-fin:FourOperatingExpenses03Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue01Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue02Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue03Member IOC2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue01Member IOC2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue02Member IOC2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue03Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults01Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults02Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults03Member IOC2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults01Member IOC2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults02Member IOC2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults03Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets01Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets02Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets03Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member IOC2019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member IOC2019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member IOC2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities03Member IOC2019-12-31in-bse-fin:OneReportableSegmentLiabilities03Member IOC2019-10-012019-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member IOC2019-10-012019-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member IOC2019-10-012019-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member IOC2019-10-012019-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares IOC 2019-04-01 2020-03-31 2020-01-08 INR Crores Third quarter Multi segment 2019-10-01 2019-12-31 Unaudited Standalone 1448200000000.00 5700000000.00 1453900000000.00 604770000000.00 433380000000.00 30770000000.00 20570000000.00 13120000000.00 21860000000.00 292210000000.00 1416680000000.00 37220000000.00 0.00 37220000000.00 4890000000.00 8940000000.00 13830000000.00 0.00 23390000000.00 0.00 0.00 0.00 0.00 23390000000.00 -5020000000.00 18370000000.00 0.00 0.00 94140000000.00 10 2.55 2.55 0.00 0.00 2.55 2.55 Notes to Standalone Financial Results: n n1)tThe above results have been reviewed and recommended by the Audit Committee in its meeting held on 29th January 2020 and approved by the Board of Directors at its meetings held on 30th January 2020. 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 - Dec 2019 is $ 3.34 per bbl (April - Dec 2018: $ 5.83 per bbl). n n4)tThe company has accounted for Budgetary Support of Rs. 1,162.80 crore in April - Dec 2019 [April - Dec 2018: Rs. 3,533.80 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 31st March 2019. n n6)tExpenses for the period April - Dec 2019 includes foreign exchange loss of Rs. 1,225.28 crore (April - Dec 2018: Rs. 2,340.45 crore). For period Oct – Dec 2019, foreign exchange loss is Rs. 181.90 crore [Oct – Dec 2018: Rs. (-)2,084.12 crore]. n n7)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 - Dec 2019 by Rs. 94.10 crore (increase in Depreciation & Amortization expenses and Finance Cost by Rs. 336.59 crore and Rs. 206.81 crore respectively and decrease in Other Expenses by Rs. 449.30 crore). n n8)tDuring the year, Company has opted for following tax/ litigation settlement schemes: n na)tSettlement 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 deposit of amnesty amount under the scheme. Orders for settlement corresponding to Rs. 82.99 crore have been received in this respect. nb)tSettlement of old disputed cases of central excise, service tax etc. under Sabka Vishwas (Legal Dispute Resolution) Scheme 2019 of Government of India. Accordingly, on this account Rs. 56.05 crore is provided as additional expenses and Rs. 15.16 crore is written back being provision no more required. Orders for settlement corresponding to Rs. 5.85 crore have been received in this respect. n n9)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 nine months ended 31st December, 2019 as per the earlier provisions. n n10)tFigures for the previous periods have been regrouped to conform to the figures of the current period. Multi segment 2019-04-01 2019-12-31 Unaudited Standalone 4273310000000.00 18490000000.00 4291800000000.00 1863060000000.00 1300160000000.00 -7430000000.00 66790000000.00 41290000000.00 63770000000.00 865000000000.00 4192640000000.00 99160000000.00 0.00 99160000000.00 13740000000.00 20430000000.00 34170000000.00 0.00 64990000000.00 0.00 0.00 0.00 0.00 64990000000.00 -38360000000.00 26630000000.00 0.00 0.00 94140000000.00 10 7.08 7.08 0.00 0.00 7.08 7.08 Excise Duty 202050000000.00 Net loss on de-recognition of Financial Assets 10000000.00 Other Expenses 90150000000.00 Excise Duty 595130000000.00 Net loss on de-recognition of Financial Assets 20000000.00 Other Expenses 269850000000.00 Other Business Activities 29500000000.00 Petrochemicals 41520000000.00 Petroleum Products 1404820000000.00 Other Business Activities 78070000000.00 Petrochemicals 114360000000.00 Petroleum Products 4152320000000.00 1475840000000.00 4344750000000.00 27640000000.00 71440000000.00 1448200000000.00 4273310000000.00 Other Business Activities 2310000000.00 Petrochemicals 5130000000.00 Petroleum Products 36750000000.00 Other Business Activities 7000000000.00 Petrochemicals 14820000000.00 Petroleum Products 105470000000.00 44190000000.00 127290000000.00 13110000000.00 41290000000.00 -6140000000.00 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. -13160000000.00 37220000000.00 99160000000.00 Other Business Activities 51080000000.00 Petrochemicals 163460000000.00 Petroleum Products 2427410000000.00 2641950000000.00 518850000000.00 3160800000000.00 Other Business Activities 15250000000.00 Petrochemicals 6560000000.00 Petroleum Products 1097290000000.00 1119100000000.00 939410000000.00 2058510000000.00