Indian Oil Corporation Limited (IndianOil), a Maharatna company, has announced its plans to host a conference call on August 18, 2025, to discuss the company's financial performance for the first quarter of the fiscal year 2025-26. The call, scheduled for 11:00 am IST, will provide investors and analysts with insights into the company's recent financial results and operational highlights.

Key Management Participation

The conference call will feature key representatives from IndianOil's management team, including:

• Mr. Anuj Jain, Director (Finance)
• Mr. Nitin Kumar, CGM I/C (Corporate Finance & Treasury)
• Mr. Pramod Jain, CGM (Treasury)
• Mr. Prabhat Himatsingka, CGM (Finance & Treasury)

This lineup of senior executives underscores the importance of the event and suggests a comprehensive discussion of the company's financial position and strategic outlook.

Conference Call Details

The earnings call will be hosted by Antique Stock Broking Limited. IndianOil has provided multiple options for participants to join the conference:

1. Universal Access (India): +91 22 6280 1342 or +91 22 7115 8243
2. International Toll-Free Numbers: Available for various countries including Argentina, Australia, Belgium, Canada, China, France, Germany, Hong Kong, Italy, Japan, Netherlands, Poland, Singapore, South Korea, Sweden, Thailand, UK, and USA.
3. Express Join: A direct link for quick access to the call has been provided to registered participants.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IndianOil has formally notified the stock exchanges about this upcoming conference call. This disclosure, made on August 12, 2025, demonstrates the company's commitment to transparency and adherence to regulatory standards.

Investor Relations

For any inquiries regarding the conference call, interested parties are encouraged to contact Mr. Varatharajan Sivasankaran of Antique Stock Broking Limited at +91 22 6911 3425 or via email at varatharajan.s@antiquelimited.com .

This earnings call presents an opportunity for stakeholders to gain valuable insights into IndianOil's performance and future outlook directly from the company's top management. As one of India's leading oil and gas companies, Indian Oil Corporation's financial results and strategic decisions are closely watched by investors and industry analysts alike.

Indian Oil Corporation (IOC), India's largest oil refiner, has made a significant shift in its crude oil procurement strategy. The state-owned company has reportedly stopped purchasing Russian crude oil from the spot market, marking a notable change in its approach to Russian oil supplies.

Strategic Shift in Crude Sourcing

IOC's decision to cease spot market purchases of Russian crude represents a departure from its recent procurement patterns. This move comes amidst a complex global oil market scenario, where geopolitical tensions and international sanctions have influenced crude oil trade flows.

Implications for IOC's Supply Chain

The halt in spot market purchases of Russian crude could have several implications for IOC:

1. Diversification of Sources: This decision may lead to a diversification of IOC's crude oil sources, potentially increasing reliance on other suppliers.

2. Price Considerations: The shift away from Russian crude on the spot market might impact IOC's overall procurement costs, depending on the pricing of alternative sources.

3. Supply Chain Adjustments: IOC may need to make adjustments to its supply chain and refining operations to accommodate crude from different sources.

Broader Market Context

IOC's decision comes at a time when the global oil market continues to navigate through uncertainties. The move could be influenced by various factors, including:

• Changes in global trade dynamics
• Evolving geopolitical situations
• Potential shifts in India's energy policies

Looking Ahead

While IOC has stopped purchasing Russian crude from the spot market, it remains to be seen how this will affect the company's long-term procurement strategy and its overall operations. The oil industry will be watching closely to understand the full implications of this decision on IOC's business and the wider Indian oil sector.

As the situation develops, more details may emerge about IOC's future crude sourcing plans and the impact of this decision on its operations and financial performance.