Indian Oil Company reported a combined efficiency for the March quarter of FY26, with consolidated income from operations rising marginally to ₹2.36 lakh crore, in comparison with ₹2.21 lakh crore within the corresponding quarter final 12 months, aided by wholesome advertising and refining margins earlier than the complete influence of the continuing war-driven disruption in world vitality markets hit earnings.
Whole revenue for the quarter stood at ₹2.38 lakh crore, up from ₹2.22 lakh crore in Q4FY25.
The corporate’s revenue earlier than tax (PBT) elevated sharply to ₹14,458 crore through the quarter, in comparison with ₹8,787 crore within the year-ago interval. In the meantime, internet revenue rose to ₹14,458 crore in Q4FY26 from ₹8,123 crore in Q4FY25, registering a robust 78% year-on-year progress.
Standalone internet revenue in January-March, the fourth and the ultimate quarter of the 2025-26 fiscal 12 months, rose to ₹11,377.51 crore from ₹7,264.85 crore a 12 months again, the corporate mentioned in a inventory alternate submitting.
The report quarter revenue got here regardless of the corporate struggling enormous losses on promoting petrol, diesel, and cooking gasoline LPG under value in March, because it, together with different state-owned gasoline retailers, insulated the home market from volatility that hit the worldwide market after the beginning of the West Asia battle.
The battle began with the US and Israel attacking Iran on February 28, adopted by Tehran’s sweeping retaliation that shut the Strait of Hormuz, via which a bulk of India and the world’s oil and gasoline provides flowed.
For the complete monetary 12 months FY26, IOC reported consolidated income from operations of ₹8.91 lakh crore, in comparison with ₹8.50 lakh crore in FY25, whereas internet revenue jumped sharply to ₹44,677 crore from ₹13,789 crore within the earlier fiscal 12 months.
Internet revenue attributable to fairness holders of the father or mother stood at ₹42,096 crore in FY26, in comparison with ₹13,598 crore in FY25, reflecting a considerable enchancment in profitability. Whole bills throughout FY26 stood at ₹8.51 lakh crore, in comparison with ₹8.49 lakh crore in FY25.
