London Stock Exchange · Energy
Invest in Coro Energy stock from India
Indian and foreign residents can buy Coro Energy (CORO) shares directly through Paasa.
By Paasa · Updated
Coro Energy at a glance
- Price
- £0.04+£0.00 (9.86%)
- Market cap
- £4.23M
- Day range
- £0.03 – £0.04
- P/E
- 0.14
- Dividend yield
- None
- Volume
- 2.02K
- 1 month
- +11.43%
- 6 months
- +6.85%
- YTD
- -2.50%
- 1 year
- -8.24%
- 5 years
- -98.47%
Coro Energy statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $657.5K | $297.0K | $235.0K | $51.0K | $0.0 |
| Gross profit | $411.5K | $210.0K | $157.0K | $30.0K | −$13.1K |
| Operating income | −$2.3M | −$21.5M | −$1.8M | −$3.3M | −$3.5M |
| Net income | $14.9M | −$21.3M | $1.7M | −$5.5M | −$8.0M |
| Earnings per share | $0.27 | −$0.08 | $0.01 | −$0.03 | −$0.04 |
| EBITDA | −$2.2M | −$20.1M | −$1.5M | −$3.2M | −$3.3M |
| Total assets | $4.9M | $5.7M | $24.9M | $31.1M | $30.4M |
| Total debt | $272.1K | $32.4M | $31.3M | $28.2M | $26.6M |
| Cash and short-term investments | $500.2K | $256.0K | $1.1M | $166.0K | $3.3M |
| Shareholders' equity | $4.1M | −$27.9M | −$7.0M | −$7.2M | −$5.5M |
| Operating cash flow | −$2.6M | −$1.5M | −$2.7M | −$307.3K | −$3.1M |
| Free cash flow | $0.0 | −$2.5M | −$3.9M | −$2.1M | −$3.4M |
| Capital expenditure | $2.6M | −$1.0M | −$1.2M | −$1.7M | −$289.0K |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Getech | GTC.L | £0.05 | £786.42M |
| United Oil & Gas | UOG.L | £0.00 | £531.57M |
| Ascent Resources | AST.L | £0.00 | £388.00M |
| Westmount Energy | WTE.L | £0.03 | £387.50M |
| Empyrean Energy | EME.L | £0.00 | £256.81M |
| Wildcat Petroleum | WCAT.L | £0.00 | £240.36M |
| Petrel Resources | PET.L | £0.01 | £166.15M |
| Clontarf Energy | CLON.L | £0.00 | £155.67M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Coro Energy from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search CORO and buy
Find Coro Energy by name or by its ticker, CORO, and place your order.
Why invest in Coro Energy from India
What Coro Energy does
Coro Energy plc operates in the upstream energy sector, focusing on the discovery, development, and extraction of oil and natural gas across Southeast Asia. Its primary operational assets are located in the West Natuna basin, offshore Indonesia. Coro Energy operates in the Oil & Gas Exploration & Production industry within the Energy sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Here's what inheritance rules in the UK mean for your Coro Energy shares.
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.
Frequently asked questions
Can I buy Coro Energy stock from India?
Yes. Indian residents and NRIs can buy Coro Energy (CORO) shares directly through Paasa. Coro Energy is listed on the London Stock Exchange, in the Oil & Gas Exploration & Production industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Coro Energy dividends taxed for Indian investors?
Coro Energy does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, the UK levies 0% withholding tax on company dividends paid to non-residents, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell Coro Energy shares?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
What happens to my Coro Energy shares if I pass away?
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at Coro Energy alone.
Is there stamp duty when I buy Coro Energy shares?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.