Indian Oil Corpn. Ltd.

: Balance Sheet
Rs. Crore

Mar-95

Mar-96

Assets
Gross fixed assets
Land & building
Plant & machinery
Other fixed assets
Capital WIP
Less: cummulative depreciation
Net fixed assets

8,568.14
831.07
4,833.94
272.96
2,630.17
3,058.33
5,509.81

11,422.11 14,180.53 17,314.74

1,011.69 1,211.50 1,582.57
6,665.41 8,770.82 11,097.29
307.89
414.34
633.34
3,437.12 3,783.87 4,001.54
3,589.73 4,374.98 5,402.32
7,832.38 9,805.55 11,912.42

Investments
In group / associate cos.
In mutual funds
Other investments

3,856.94
7.98
383.78
3,465.18

3,706.64
8.98
215.15
3,482.51

3,423.12
12.80
126.07
3,284.25

9,294.04
0.40
52.07
9,241.57

5,574.41
0.40
52.07
5,521.94

Marketable investment
In group / associate cos.
Quoted investment
Market value of quoted investment

3,848.88
0.00
1,466.18
1,406.28

3,680.25
0.00
1,238.92
1,158.40

3,371.19
0.00
1,929.33
1,765.55

2,736.76
0.00
1,893.70
1,859.41

1,738.53
0.00
934.25
929.96

0.00

0.00

0.00

0.00

0.00

Inventories
Raw materials and stores
Raw materials
Stores and spares
Finished and semi-finished goods
Finished goods
Semi-finished goods
Incomplete construction contracts
Stock real estate
Stock of shares / securities
Other stock

3,305.04
1,517.35
1,176.27
341.08
1,787.69
1,657.67
130.02
0.00
0.00
0.00
0.00

4,458.25
1,726.90
1,369.72
357.18
2,731.35
2,564.08
167.27
0.00
0.00
0.00
0.00

4,901.32
1,952.89
1,580.45
372.44
2,948.43
2,727.63
220.80
0.00
0.00
0.00
0.00

4,586.42
1,943.10
1,593.91
349.19
2,643.32
2,444.72
198.60
0.00
0.00
0.00
0.00

5,610.37
1,843.96
1,484.87
359.09
3,766.41
3,537.41
229.00
0.00
0.00
0.00
0.00

Receivables
Sundry debtors
Debtors exceeding six months
Accrued income
Advances / loans to corporate bodies
Group / associate cos.
Other cos.
Deposits with govt. / agencies
Advance payment of tax
Other receivables

4,656.19
1,255.31
284.46
93.24
0.00
0.00
0.00
77.88
973.19
2,256.57

7,891.54 14,331.08
1,997.93 2,400.08
279.72
579.79
105.35
89.74
0.00
0.00
0.00
0.00
0.00
0.00
173.01
175.98
1,205.24 1,274.51
4,410.01 10,390.77

7,934.99
2,400.21
447.41
128.94
0.00
0.00
0.00
115.30
1,418.69
3,871.85

6,727.35
2,255.83
557.97
66.71
0.00
0.00
0.00
172.62
1,593.46
2,638.73

Deferred tax assets

Cash & bank balance

Cash in hand
Bank balance
Intangible / DRE not written off
Intangible assets (goodwill, etc.)
DRE not written off
Share issue expenses not written off

Mar-97

Mar-98

Mar-99

21,645.46
1,895.94
14,506.69
824.94
4,417.89
6,479.70
15,165.76

324.61
293.33
31.28

379.36
370.80
8.56

552.64
545.51
7.13

455.37
395.80
59.57

500.38
444.77
55.61

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

VRS expenses not written off

Other misc. expenses not written off
Total assets
LIABILITIES
Rs. Crores

0.00

17,652.59

Mar-95

0.00

0.00

0.00

0.00
0.00

24,268.17 33,013.71 34,183.24

33,578.27

Mar-96

Mar-99

Mar-97

Mar-98

Net worth
Authorised capital
Issued capital
Paid-up equity capital
Preference capital
Bonus equity capital
Buy back shares
Buy back amount

6,587.33
2,500.00
369.80
369.80
0.00
287.62
0.00
0.00

7,874.93
2,500.00
389.34
389.25
0.00
287.62
0.00
0.00

9,121.08 10,614.16
2,500.00 2,500.00
389.34
389.34
389.27
389.28
0.00
0.00
287.62
287.62
0.00
0.00
0.00
0.00

12,268.82
2,500.00
389.34
389.31
0.00
287.62
0.00
0.00

Reserves and surplus

Free reserves
Premium reserves
Other free reserves
Specific reserves
Revaluation reserves

6,217.53
6,122.16
0.00
6,122.16
95.37
0.00

7,485.68
7,421.51
175.03
7,246.48
64.17
0.00

8,731.81 10,224.88
8,659.16 10,151.32
175.25
175.35
8,483.91 9,975.97
72.65
73.56
0.00
0.00

11,879.51
11,803.03
175.66
11,627.37
76.48
0.00

Borrowings
Total bank borr.
Short term bank borr.
Long term bank borr.
Borr from financial institutions
Commercial papers
Debentures
Fixed deposits
Foreign borr
Borr from corporate bodies
Borr from group companies
Borr from other companies
Borr from promoters/directors
Borr from govt./sales tax loans

5,362.08
3,543.42
3,543.42
0.00
0.00
0.00
0.00
575.74
1,241.15
0.00
0.00
0.00
0.00
0.00

8,218.09 13,156.28 14,204.63

6,000.44 9,927.31 11,988.28
6,000.44 9,427.31 9,611.79
0.00
500.00 2,376.49
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
609.28
774.07
781.64
1,308.06 1,692.71 1,434.63
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

10,042.08
6,851.77
6,851.77
0.00
800.00
0.00
0.00
445.49
1,944.78
0.00
0.00
0.00
0.00
0.00

Current portion of long term debt

Secured borrowings
Unsecured borrowings
Foreign currency borrowings

95.82
501.13
4,865.58
1,241.15

1,490.23
373.77
350.22
1,357.00 2,605.44 2,178.35
6,870.36 10,573.31 12,031.79
1,308.06 1,692.71 3,311.12

243.39
2,390.68
7,671.50
1,944.78

Deferred tax liability

Current Liabilities and Provisions
Current liabilities
Sundry creditors
Creditors for cap. goods
Accrued interest
Other current liabilities
Adv against work-in-progress
Share application money
Provisions
Tax provisions

0.00

0.00

0.00

0.00

0.00

4,717.35
3,198.99
0.00
103.23
1,415.13
0.00
19.54
985.83
350.98

6,892.96
4,712.65
0.00
125.88
2,054.43
0.00
0.02
1,282.19
516.62

9,238.09
6,870.79
0.00
178.43
2,188.87
0.00
0.00
1,498.26
358.00

7,814.56
5,092.03
0.00
210.02
2,512.51
0.00
0.00
1,549.89
258.24

9,269.75
6,019.47
0.00
143.83
3,106.45
0.00
0.00
1,997.62
519.00

Dividend provisions
Dividend tax provisions
Other provisions
Total liabilities
Contingent Liabilities
Bills discounted
Total disputed taxes
Letters of credit
Total guarantees
Future lease payables
Liabilities on capital a/c

104.69
0.00
0.00
17,652.59

0.00
525.76
0.00
68.46
0.00
2,433.89

155.59
0.00
17.33

194.67
19.47
82.65

506.14
55.67
95.14

24,268.17 33,013.71 34,183.24

33,578.27

0.00
643.84
0.00
69.87
0.00
2,085.82

155.73
15.57
39.06

0.00
730.03
0.00
70.88
0.00
1,407.51

0.00
1,207.14
0.00
0.00
0.00
3,077.59

0.00
1,827.94
0.00
0.00
0.00
2,418.90

Mar-00

Mar-01

Mar-02

Mar-03

Mar-04

26,617.11
2,611.59
19,753.24
735.23
3,517.05
8,430.61
18,186.50

31,671.58
3,290.20
23,043.60
815.57
4,522.21
9,634.33
22,037.25

34,941.23
3,990.66
25,124.86
635.58
5,190.13
10,960.82
23,980.41

37,813.03
4,442.15
29,112.28
660.18
3,598.42
12,584.56
25,228.47

41,627.93
4,736.80
30,927.37
702.46
5,261.30
14,339.55
27,288.38

3,153.04
0.40
22.07
3,130.57

3,443.74
934.13
0.00
2,509.61

9,922.63
2,120.79
0.00
7,801.84

5,363.08
2,838.65
0.00
2,524.43

5,602.30
3,131.58
0.00
2,470.72

2,470.19
0.00
2,470.19
2,338.87

3,128.32
658.13
3,128.32
2,354.45

4,281.99
1,811.80
4,281.99
5,108.96

4,969.30
2,499.11
4,969.30
5,851.49

5,068.05
2,597.86
5,068.05
15,502.85

0.00

0.00

200.71

199.56

158.41

11,119.19
3,691.59
3,267.99
423.60
7,427.60
6,928.95
498.65
0.00
0.00
0.00
0.00

10,170.27
3,198.19
2,736.06
462.13
6,972.08
6,348.97
623.11
0.00
0.00
0.00
0.00

10,454.55
3,852.46
3,359.87
492.59
6,602.09
6,019.97
582.12
0.00
0.00
0.00
0.00

14,009.38
4,996.25
4,302.12
694.13
9,013.13
8,063.12
950.01
0.00
0.00
0.00
0.00

14,951.08
5,209.23
4,534.84
674.39
9,741.85
8,775.41
966.44
0.00
0.00
0.00
0.00

15,851.16
4,637.18
572.19
12.29
0.00
0.00
0.00
108.17
1,727.92
9,365.60

18,329.91
4,672.32
708.92
0.01
17.43
0.00
17.43
116.54
2,048.27
11,475.34

11,065.78
3,941.44
441.26
2.04
4.52
3.52
1.00
71.81
2,407.00
4,638.97

13,737.67
4,007.83
106.78
0.00
3.76
3.76
0.00
88.66
3,573.72
6,063.70

15,225.00
3,973.12
105.70
0.00
182.83
182.83
0.00
63.91
5,518.47
5,486.67

698.85
653.29
45.56

771.10
740.26
30.84

669.59
649.72
19.87

946.06
931.89
14.17

698.07
685.96
12.11

6.58
6.58
0.00
0.00

166.62
0.00
166.62
0.00

144.72
0.00
144.72
0.00

98.92
0.00
98.92
0.00

118.09
44.80
73.29
0.00

0.00
0.00

166.62
0.00

144.72
0.00

98.92
0.00

73.29
0.00

49,015.32

54,918.89

56,438.39

59,583.14

64,041.33

Mar-00

Mar-01

Mar-02

Mar-03

Mar-04

14,064.76
2,500.00
778.67
778.67
0.00
676.96
0.00
0.00

15,804.35
2,500.00
778.67
778.67
0.00
676.96
0.00
0.00

15,166.31
2,500.00
778.67
778.67
0.00
676.96
0.00
0.00

18,829.07
2,500.00
778.67
778.67
0.00
676.96
0.00
0.00

22,974.12
2,500.00
1,168.01
1,168.01
0.00
1,066.30
0.00
0.00

13,286.09
13,141.10
175.81
12,965.29
144.99
0.00

15,192.30
14,650.89
175.84
14,475.05
541.41
0.00

14,532.36
13,499.61
175.85
13,323.76
1,032.75
0.00

18,149.32
17,130.68
175.86
16,954.82
1,018.64
0.00

21,879.40
20,813.78
175.86
20,637.92
1,065.62
0.00

16,732.58
11,126.17
10,626.17
500.00
1,750.00
0.00
1,619.59
219.88
0.00
28.27
28.27
0.00
0.00
0.00

20,635.54
5,382.20
5,382.20
0.00
2,500.00
0.00
1,419.60
5.10
9,728.64
1,600.00
0.00
1,600.00
0.00
0.00

19,025.01
13,549.99
13,549.99
0.00
0.00
670.00
1,830.40
6.77
584.85
233.00
0.00
233.00
0.00
0.00

14,491.72
11,819.86
11,819.86
0.00
0.00
0.00
1,434.40
10.17
356.29
0.00
0.00
0.00
0.00
871.00

12,177.61
10,126.33
10,126.33
0.00
0.00
0.00
1,134.40
13.59
32.29
0.00
0.00
0.00
0.00
871.00

668.56
3,850.63
12,883.75
8,896.93

8.33
4,713.30
15,922.47
10,707.36

977.60
4,616.95
14,453.03
7,288.83

2,108.51
4,701.13
9,793.96
5,259.90

1,933.17
3,175.21
9,003.35
5,118.69

0.00

0.00

3,605.77

4,072.67

4,442.14

16,156.72
7,960.70
0.00
191.37
8,004.65
0.00
0.00
2,061.26
527.20

15,725.41
7,358.81
0.00
346.21
8,020.39
0.00
0.00
2,586.97
242.28

15,043.84
8,034.94
0.00
334.51
6,674.39
0.00
0.00
3,452.74
1,714.74

16,269.86
8,204.10
0.00
116.44
7,949.32
0.00
0.00
5,820.90
2,299.11

16,486.95
7,969.96
0.00
92.57
8,424.42
0.00
0.00
7,887.22
2,725.64

311.47
34.26
138.02

739.74
75.45
160.17

856.54
0.00
400.45

1,868.82
239.44
124.85

1,868.82
239.44
154.12

49,015.32

54,918.89

56,438.39

59,583.14

64,041.33

0.00
2,553.22
0.00
0.00
0.00
5,299.82

0.00
1,481.78
0.00
171.25
0.00
5,118.07

0.00
1,296.98
0.00
286.25
0.50
3,742.73

0.00
211.71
0.00
350.00
0.50
6,695.31

0.00
237.17
0.00
350.00
0.50
8,855.74

Indian Oil Corpn. Ltd.: Profit & Loss Statement

Rs. Crore
Mar-95
Mar-96
Sales
39,743.96
46,462.87
Other income
483.48
507.38
Expenses capitalised
0.00
0.00
Change in stocks
-44.59
944.62
Raw material, stores, etc.
32,300.44
40,549.40
Power and fuel expenses
367.83
339.28
Total indirect taxes
2,961.51
3,562.80
Salaries and wages
421.05
594.93
Advertising expenses
0.00
0.00
Marketing expenses
1,807.43
12.59
Distribution expenses
24.30
31.56
Depreciation
416.72
509.11
Lease rent
0.00
0.00
Other financial charges
22.32
18.96
Tax provisions
350.98
516.62
PAT
1,018.85
1,248.71
PBDIT
2,414.69
2,853.55
PBDT
1,786.55
2,274.44
PBT
1,369.83
1,765.33
Dividends
104.69
155.59
Retained profits
914.16
1,093.12
Adjusted Closing Price
249.97
EPS
32.07
DPS
4.00

Mar-97
61,895.14
825.50
0.00
213.14
51,189.08
352.23
6,716.66
607.31
0.00
33.13
42.62
793.96
0.00
21.65
358.00
1,409.03
3,658.41
2,560.99
1,767.03
171.30
1,237.73
214.31
36.19
4.00

Mar-98
59,852.08
1,234.15
0.00
-302.55
47,363.18
404.91
7,538.13
741.72
41.94
42.92
22.94
1,036.85
0.00
18.83
258.24
1,706.50
4,146.57
3,001.59
1,964.74
214.14
1,492.36
176.07
43.83
5.00

Mar-99
70,272.17
972.14
0.00
1,043.08
50,748.73
802.06
7,994.04
758.93
51.23
5,428.11
26.57
1,052.99
0.00
17.76
519.00
2,213.52
5,006.05
3,785.51
2,732.52
561.81
1,651.71
84.16
56.85
13.00

Mar-00
97,258.62
420.43
0.00
3,662.13
73,814.47
1,615.19
13,506.27
1,043.85
0.00
220.14
3,924.81
1,990.91
0.00
23.14
527.20
2,443.41
5,990.67
4,961.52
2,970.61
648.25
1,795.16
106.36
31.38
7.50

Mar-01
Mar-02
Mar-03
Mar-04
124,348.97 117,106.20 127,012.21 138,591.54
738.33
960.99
1,090.95
1,203.97
0.00
0.00
0.00
0.00
-458.58
-361.88
2,411.31
728.72
96,852.69
85,836.59
92,803.61
99,632.05
1,971.30
2,103.13
2,746.25
2,997.83
12,400.26
14,651.91
16,227.41
17,854.70
1,856.47
1,459.81
1,696.15
1,537.18
0.00
0.00
0.00
0.00
223.94
321.06
603.94
957.58
4,242.67
4,171.34
4,099.18
4,003.60
1,218.67
1,379.57
1,656.28
1,873.79
0.00
0.00
0.00
0.00
26.64
26.99
27.66
28.58
242.28
1,714.74
2,299.11
2,725.64
2,720.33
2,883.92
6,113.98
7,004.07
5,877.50
7,549.64
10,859.50
12,064.34
4,181.28
5,978.23
10,069.37
11,603.50
2,962.61
4,598.66
8,413.09
9,729.71
815.20
856.54
2,497.60
2,767.10
1,905.13
2,027.38
3,616.38
4,236.97
108.49
140.25
157.42
516.80
34.94
37.04
78.52
59.97
9.50
11.00
29.00
21.00

Indian Oil Corpn. Ltd.: Cah Flow Statement

Rs crores

Mar-95

Net Profit Before Tax & Extra Ord. Items

Depreciation
Interest Payable
Foreign exchange gain/loss
Write offs/amortisations
Profit on Sale of Investment
Profit on Sale of Assets
Interest Income
Dividend Income
Other Income Adjustments

1,369.84 1,765.33 1,766.23 1,964.74 2,732.52

417.28
559.50
799.17 1,037.96 1,057.48
0.00
560.15 1,075.77 1,126.15 1,202.78
0.00
0.00
0.00
0.00
0.00
0.00
7.00
0.00
-0.27
-0.38
-4.29
-23.29
-14.88
-42.02
-0.56
-4.28
-7.10
-5.89
-5.54
2.17
-371.82 -315.87 -314.33 -333.01 -771.97
0.00
-52.23
-3.30
-3.62
-3.62
0.00
0.00
0.00
0.00
0.00

Cash Flow Before working capital change

Trade and Other Receivables
Inventories
Trade Payables

1,977.15
1,103.95
-258.35
925.77

2,493.49 3,327.26 3,719.90 4,218.42

-3,031.09 -6,566.27 6,517.71 1,401.91
-1,153.21 -443.06
314.90 -1,023.95
2,200.30 2,510.95 -1,383.81 1,518.93

Cash Flow from operations

Interest paid
Direct taxes paid
Dividend tax paid

3,748.52
-576.05
-374.85
0.00

509.49 -1,171.12 9,168.70 6,115.31

-584.82 -1,059.09 -1,171.90 -1,321.74
-520.54 -248.65 -437.22 -606.20
0.00
0.00
0.00
0.00

Cash Flow Before Extra Ordinary Items

Extra Ordinary Items

2,797.62
0.00

-595.87 -2,478.86 7,559.58 4,187.37

0.00
0.00
0.00
0.00

Cash flow from Operating Activities

2,797.62

-595.87 -2,478.86 7,559.58 4,187.37

Mar-96

Mar-97

Mar-98

Mar-99

Net Cash used in Investing Activities

Purchase of Fixed Assets
Sale of Fixed Assets
Acquisition of Companies
Purchase of Investment
Sale of Investment
Project Expenses
Loans to Subsidiary/Group cos
Loans to Other Companies
Interest Received
Dividend Received
Other Income

-1,613.26 -2,280.28 -2,153.10 -8,517.97

216.24
-319.55 -440.66 -592.17 -864.57 -769.01
11.14
14.10
15.08
9.91
31.21
-7.58
-1.00
0.00
0.00
0.00
-59.36
0.00
-26.42 -6,491.78 -2,325.63
71.97
191.92
299.46
682.19
994.07
-1,681.70 -2,412.74 -2,166.68 -2,190.35 -3,536.99
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
315.87
315.87
314.33
333.01
771.97
55.95
52.23
3.30
3.62
3.62
0.00
0.00
0.00
0.00
0.00

Net Cash used in Financing Activity

Proceeds from Share Issue
Proceeds from Total Borr.
Proceeds from Long Term Borr.
Proceeds from Short Term Borr.
Repayment of Long Term Borr.
Repayment of Short Term Borr.
Share Issue Expenses
Dividend Paid
Other Financing Activity

-1,163.60 2,930.90 4,805.24

861.12 -4,358.60
19.54
174.94
0.25
0.11
0.34
0.00
0.00
0.00
0.00
0.00
82.60
99.04 1,049.29 1,625.90
0.00
-1,215.79 2,761.61 3,902.11
0.00
0.00
0.00
0.00
0.00
0.00 -1,702.53
0.00
0.00
0.00 -594.52 -2,445.43
0.00
0.00
0.00
0.00
0.00
-49.31 -104.69 -154.60 -171.25 -213.98
-0.64
0.00
0.00
0.00
0.00

Net Cash Flow

20.76

54.75

173.28

-97.27

45.01

Opening cash balance

303.85

324.61

379.36

552.64

455.37

Closing cash balance

324.61

379.36

552.64

455.37

500.38

Mar-00

Mar-01

2,970.60 2,962.61
1,995.34 1,223.93
1,006.01 1,669.58
0.00
0.00
0.00
-0.70
-9.94
-3.24
4.47
13.17
-130.88
-9.01
-92.16 -116.35
0.00
0.00
5,743.44 5,767.63
-4,582.87 -4,675.84
-5,508.82
945.60
4,484.17
-64.47

Mar-02

Mar-03

Mar-04

4,599.00
1,392.00
1,544.00
0.00
42.00
0.00
6.00
-2.00
-207.00
-1.00

8,414.00
1,661.76
762.47
0.00
46.81
46.72
1.04
-212.93
-497.38
0.00

9,690.84
1,868.97
442.28
0.00
52.10
0.00
24.64
0.00
-546.65
0.00

7,605.00 10,357.89 11,583.01

5,893.00 -1,655.89
406.94
-288.00 -3,561.44
-946.09
1,295.00 1,370.26
264.20

135.92 1,972.92 14,505.00 6,510.82 11,308.06

-1,051.95 -1,713.05 -1,924.00 -1,216.45
-616.49
-424.82 -528.53
-772.00 -1,605.74 -2,183.10
0.00
0.00
0.00
0.00
0.00
-1,340.85
-0.59

-268.66 11,809.00
-166.62
-20.00

3,688.63
-201.92

8,508.47
-27.22

-1,341.44

-435.28 11,789.00

3,486.71

8,481.25

-2,263.35 -5,056.27 -9,517.00

-1,455.94 -1,443.37
-624.00
14.48
164.58
54.00
0.00
0.00 -1,180.00
-384.75 -684.09 -5,328.00
2,813.72
392.46
29.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
130.88
9.01
2.00
92.16
116.35
207.00
0.00
0.00
-7.00

2,615.08 -3,645.27
-420.53
-431.27
66.69
121.55
-705.11
-170.02
-5.88
-71.24
5,229.28
0.00
0.00
0.00
0.00
0.00
0.00
0.00
212.93
0.00
497.38
546.65
19.83
21.84

3,803.25 5,563.81 -2,380.00 -5,818.45 -5,083.97

0.17
0.03
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
2,597.95
907.97
902.00
149.28
0.00
2,057.32 5,010.34
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-308.71
0.00
0.00 -2,467.00 -4,724.17 -2,007.82
0.00
0.00
0.00
0.00
0.00
-853.37 -356.28
-815.00 -1,244.14 -2,767.44
0.00
0.00
0.00
0.00
0.00

198.46

72.26

-108.00

283.34

-247.99

500.38

698.84

771.00

662.72

946.06

698.84

771.10

663.00

946.06

698.07

Indian Oil Corpn. Ltd.

Aug-95
Sep-95
Oct-95
Dec-95
Feb-96
Mar-96
Apr-96
May-96
Jun-96
Sep-96
Oct-96
Dec-96
Jan-97
Feb-97
Mar-97
Apr-97
May-97
Jun-97
Jul-97
Aug-97
Sep-97
Oct-97
Nov-97
Dec-97
Jan-98
Feb-98
Mar-98
Apr-98
May-98
Jun-98
Jul-98
Aug-98
Sep-98
Oct-98
Nov-98
Dec-98
Jan-99
Feb-99
Mar-99
Apr-99
May-99
Jun-99
Jul-99
Aug-99
Sep-99
Oct-99

Closing Index
Price Closing
BSE
Sensex
IOC
712.00
3,346.76
670.00
3,493.21
678.00
3,423.47
550.00
2,994.29
600.00
3,110.49
750.00
2,931.84
750.00
3,391.99
790.00
3,366.61
750.00
3,826.72
640.00
3,724.97
635.00
3,812.52
635.00
3,536.94
625.00
3,514.61
629.00
3,239.48
625.00
3,163.78
643.00
2,890.50
605.00
3,085.20
867.50
3,382.47
830.00
3,651.91
800.00
3,360.89
739.00
3,841.11
719.00
3,755.10
707.00
4,256.09
694.00
4,305.76
665.00
3,876.08
690.00
3,902.03
598.00
3,803.24
528.25
3,560.29
599.50
3,658.98
497.75
3,224.36
473.00
3,622.22
452.00
3,892.75
419.25
4,006.81
408.75
3,686.39
406.25
3,250.69
426.25
3,211.31
365.00
2,933.85
292.70
3,102.29
291.40
2,812.49
252.50
2,810.66
340.75
3,055.41
417.00
3,315.57
424.80
3,399.63
433.30
3,739.96
248.80
3,325.69
265.55
3,963.56

Nov-99
Dec-99
Jan-00
Feb-00
Mar-00
Apr-00
May-00
Jun-00
Jul-00
Aug-00
Sep-00
Oct-00
Nov-00
Dec-00
Jan-01
Feb-01
Mar-01
Apr-01
May-01
Jun-01
Jul-01
Aug-01
Sep-01
Oct-01
Nov-01
Dec-01
Jan-02
Feb-02
Mar-02
Apr-02
May-02
Jun-02
Jul-02
Aug-02
Sep-02
Oct-02
Nov-02
Dec-02
Jan-03
Feb-03
Mar-03
Apr-03
May-03
Jun-03
Jul-03
Aug-03
Sep-03
Oct-03
Nov-03
Dec-03
Jan-04
Feb-04

298.25
254.15
252.20
224.45
188.50
159.55
150.70
163.35
151.65
147.30
132.25
120.00
129.50
138.45
159.00
168.20
163.15
162.75
166.90
153.30
139.85
135.85
135.60
127.85
135.75
130.35
135.30
166.55
200.05
210.40
199.10
199.80
199.75
243.00
206.45
215.50
220.30
238.30
241.30
240.10
232.25
236.15
355.85
407.95
434.95
384.10
377.70
347.40
377.85
456.95
443.75
452.30

4,140.73
4,542.34
4,898.21
4,764.42
4,444.56
4,622.21
5,005.82
5,205.29
5,446.98
5,001.28
4,657.55
4,433.61
4,748.77
4,279.86
4,477.31
4,090.38
3,711.02
3,997.99
3,972.12
4,326.72
4,247.04
3,604.38
3,519.16
3,631.91
3,456.78
3,329.28
3,244.95
2,811.60
2,989.35
3,287.56
3,262.33
3,311.03
3,562.31
3,469.35
3,338.16
3,125.73
3,244.70
2,987.65
3,181.23
2,991.36
2,949.32
3,228.82
3,377.28
3,250.38
3,283.66
3,048.72
2,959.79
3,180.75
3,607.13
3,792.61
4,244.73
4,453.24

Mar-04
Apr-04

496.25
516.80

4,906.87
5,044.82
5,838.96
5,695.67
5,667.51
5,590.60
5,655.09