Indian Oil Corporation reported strong financial results for the fiscal year ended March 31, 2026. The company achieved a standalone net profit of ₹36,802.42 crore for the year. Furthermore, the Board of Directors has recommended a final dividend of ₹1.25 per equity share (face value of ₹10/- each) for the financial year 2025-26, subject to approval by shareholders at the upcoming Annual General Meeting.
Financial Highlights for FY26
For the full financial year 2025-26, Indian Oil Corporation recorded a standalone revenue from operations of ₹8,86,224.41 crore, reflecting solid operational performance. The net profit for the year stood at ₹36,802.42 crore, compared to ₹12,961.57 crore in the previous fiscal year. The company’s basic earnings per share (EPS) for the year was ₹26.72.
Quarterly Performance Analysis
In the final quarter (Q4: Jan-Mar 2026), the company reported revenue from operations of ₹2,32,855.33 crore. The standalone net profit for the quarter was ₹11,377.51 crore. The company’s performance during the quarter remained largely insulated from Middle East supply uncertainties due to strategic inventory procurement prior to the geopolitical tensions in early 2026.
Segment Breakdown
The company operates across multiple segments, with Petroleum Products remaining the primary contributor to revenue at ₹8,30,555.76 crore for the full year. Other key segments include Petrochemicals, which generated ₹28,102.02 crore, and the Gas segment, which contributed ₹44,512.15 crore to the annual revenue.
Operational Milestones
Physical performance indicators remained robust, with domestic product sales reaching 99.904 MMT and refineries throughput standing at 75.451 MMT for the fiscal year. Additionally, the company is actively managing a cumulative net negative buffer of ₹23,101.56 crore regarding LPG under-recoveries, with partial compensation approved by the government.
Dividend Recommendation
The Board of Directors has recommended a final dividend of 12.5%, amounting to ₹1.25 per equity share on shares with a face value of ₹10/-. This dividend payment is subject to the approval of shareholders at the company’s next Annual General Meeting and will be disbursed within 30 days of the declaration date.
Source: BSE
