Questions across 6 calls

Vikash Jain

CLSA

Indian Oil Corporation Limited

Indian Oil Corporation Limited CC-Sep25.pdf · 2025-10-28

So, two, three questions. First is accounting for this LPG reimbursement. The government has already promised, given us a schedule of this is how the money is going to come. Doesn't it mean that it gets accrued to us? So, shouldn't it be accounted for immediately itself that it is just getting paid at a delayed way? Like this is exactly how it used to happen at the time of oil bonds also. There was a promise, and then they were paid. So, any particular reason why we have chosen a different kind of accounting, more or less, like cash accounting instead of when it gets accrued?

So, basically, the payment will be whatever your amount is, Rs. 14,500 roughly divided by 12. That is equally paid every month starting November. Is that how you expect it to happen? Is that how it is promised to be paid out?

Indian Oil Corporation Limited CC-Dec24.pdf · 2025-01-28

This is coming back to Russian crude. So, the question was, say after these sanctions, you did mention that 9 months, 25% of the crude intake is Russian crude. After this sanction in FY '26, where do you see this number settling down? Could it be far lower? Could it be sub -10% kind of Russian crude, based on whatever you can see at this point of time?

So, sir, I think the discount right now is about $3 or so, right? So, that is a landed discount adjusted for the fact that you are using a less efficient vessel and all of those things. That is when we say $3 or so discount, that's what is landed in India, right? We are comparing it to landed basis, right?

Hindustan Petroleum Corporation Limited

Hindustan Petroleum Corporation Limited CC-Mar25.pdf · 2025-05-07

Thanks for taking my questions. I'll have a couple of small micro questions and then maybe a more bigger strategy question since this is the first time you're speaking to Mr. Kaushal. Firstly, on the 4Q numbers, the annual forex change numb er that you've given implies that 4Q had a forex gain of about INR75 crores. Is that correct? Because that's a bit odd given that rupee had actually depreciated. So is that the correct number that there is a forex gain of INR75 crores or is there any adjustment over there?

Okay. And there's no real adjustment or anything like that?

Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited CC-Mar25.pdf · 2025-05-02

Sir, I have 2 of them. Firstly, on Mozambique, now that the project is possibly looking like it's coming back to life. What -- assuming that the July time line holds in terms of work starting? Could you please kind of give a sense of how things are likely to progress in terms of timeline? We're looking at how many trains by when they are likely to come? Also, we have to find fresh contracts or the old MOUs are still relevant valid plus very broad guess on how much is the cost escalation gone for the project?

That's for how many trains; that's 10 million tons?

GAIL (India) Limited

GAIL (India) Limited CC-Dec24.pdf · 2025-01-30

Thanks for taking my question. Rakeshji, if you could explain of your current volumes, what is the share which comes from refinery and pet chem? Because these are very price -sensitive customers. What is the percentage share of the current transmission volumes which comes from there, please?

If you could give the marketing share as well, sir.

Mahanagar Gas Limited

Mahanagar Gas Limited CC-Dec24.pdf · 2025-01-29

I just wanted to understand currently of about 50 mmscmd of gas that ONGC is producing. I think about 6 has been taken away as new well gas. Of the remaining which is there, roughly how much has been allocated to priority sector in city gas? That’s the first part of the question. Second thing is when you see a change in allocation again on 1st of April, maybe another 5%, 6% will, again, go away, say, about 2 to 3 mmscmd. Is there a chance that LPG or some other sector you see could get -- could bear the impact more than city gas? So that's something which I wanted to know.

And sir, any chance of any other sector getting reduced allocation as compared to city gas?