Indian Oil Corporation has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a consolidated net profit attributable to equity holders of ₹42,096.26 crore for the full year. Additionally, the Board of Directors has recommended a final dividend of ₹1.25 per equity share, having a face value of ₹10 each, subject to shareholder approval at the upcoming Annual General Meeting.
Annual Financial Performance
For the financial year ended March 31, 2026, Indian Oil Corporation achieved a consolidated revenue from operations of ₹9,01,452.70 crore. The company’s net profit for the period attributable to equity holders stood at ₹42,096.26 crore, reflecting a robust performance compared to the previous year. On a standalone basis, the company reported an annual net profit of ₹36,802.42 crore.
Dividend Recommendation
Demonstrating commitment to shareholder returns, the Board of Directors has recommended a final dividend of 12.5%, amounting to ₹1.25 per equity share (face value of ₹10 per share) for the financial year 2025-26. The payout is contingent upon the approval of shareholders at the ensuing Annual General Meeting.
Strategic and Operational Highlights
Despite geopolitical volatility impacting the Middle East region in late February 2026, the company maintained stable operations. The profitability for the year was largely insulated due to the procurement of inventory at normalized prices prior to the conflict. Furthermore, the company recognized a ₹6,035.85 crore revenue compensation from the government regarding LPG under-recoveries for the period of November 2025 to March 2026.
Segment Breakdown
The company’s operations remain diversified across segments:
- Petroleum Products: Leading the revenue contribution with ₹8,42,195.30 crore in annual segment revenue.
- Petrochemicals: Contributed ₹28,102.02 crore in annual revenue.
- Gas: Recorded annual segment revenue of ₹44,512.15 crore.
The company continues to focus on refining and pipeline throughput, with annual refineries throughput reaching 75.45 MMT and pipelines throughput at 105.55 MMT for the fiscal year 2026.
Source: BSE
