Indian Oil Corporation (IOC) has reported a robust performance for the fiscal year ended 31st March 2026. The company achieved record-breaking operational milestones across its core business segments, including refinery, pipeline, and marketing operations. With a Profit After Tax (PAT) of ₹36,802 crore for the full year and significant growth in retail and petrochemical sales, IOC continues to solidify its position as a market leader in the energy sector.
Fiscal Year 2025-26 Financial Overview
For the full financial year 2025-26, Indian Oil Corporation demonstrated strong financial resilience. The company reported a Profit Before Tax (PBT) of ₹48,784 crore and a Profit After Tax (PAT) of ₹36,802 crore. The EBITDA contribution for the year stood at an impressive ₹73,718 crore. In the final quarter (Q4 Jan-Mar 2026) alone, the company generated a PAT of ₹11,378 crore.
Operational Milestones
IOC achieved unprecedented operational success during the fiscal year, marked by record throughput across key verticals:
- Refinery Operations: Highest ever crude throughput of 75.5 MMT.
- Pipeline Operations: Highest ever pipeline throughput reaching 105.6 MMT.
- Marketing Operations: Achieved record sales volume of 105.1 MMT.
- Retail Growth: Record commissioning of 909 new retail outlets on national highways.
- Petrochemicals & Gas: Highest ever petchem sales of 3.4 MMT and record gas sales of 7.3 MMT.
Strategic Capex and Project Updates
The company continues to invest heavily in its future infrastructure. As of 31st March 2026, several major projects are nearing completion, including the Panipat Refinery Expansion (92.8% physical progress, expected Dec ’26) and the Gujarat Refinery Expansion (87.8% physical progress, expected Nov ’26). Total capital expenditure for the fiscal year reached ₹32,405 crore, with a planned target of ₹32,700 crore for FY 2026-27, demonstrating a clear commitment to sustainable capacity expansion.
Source: BSE
