Indian Oil Corporation (IOC) has announced its financial results for the second quarter of FY26. Total revenue reached ₹2,04,515.17 crore. Profit before tax stood at ₹10,065.57 crore. The company’s refineries throughput was 17.609 MMT and pipelines throughput was 24.087 MMT. IOC continues to focus on operational efficiency and strategic investments.
Financial Performance
Indian Oil Corporation (IOC) reported a total income of ₹2,04,515.17 crore for the quarter. The profit before tax for the same period was reported as ₹10,065.57 crore. The company’s net profit for the period stood at ₹7,610.45 crore.
Operational Highlights
During this quarter, the refineries throughput reached 17.609 MMT. The throughput from pipelines was reported as 24.087 MMT. Product sales amounted to 24.262 MMT.
Segment-Wise Revenue
The majority of revenue came from petroleum products, reported at ₹1,89,424.73 crore. Petrochemicals contributed ₹6,391.35 crore, while gas added ₹11,134.78 crore. Other business activities accounted for ₹355.86 crore.
Additional Key Metrics
The average gross refining margin (GRM) for the period was $6.32 per bbl. The company’s earnings per share was ₹5.53.
Debt and Equity
The debt-equity ratio for the company was 0.68. The current ratio was 0.67.
COVID Buffer
MoP&NG has conveyed a compensation of ₹14,486 crore towards under-recoveries incurred on the sale of domestic LPG likely to be disbursed from November 2025 onwards.
Source: BSE
