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IndianOil Hits Record Highs in Crude Throughput & Sales for FY26

Indian Oil Corporation has reported its strongest operational performance for the first nine months of the 2025-26 financial year. The company achieved record levels in both crude oil processing and sales volumes, outperforming industry growth in key segments. Financially, its standalone net profit saw a massive increase, jumping to Rs 25,425 crore from Rs 5,697 crore in the same period last year. This robust performance was supported by a significantly improved gross refining margin and growth across gas, export, and petrochemical businesses.

Key Points: IndianOil Reports Record Throughput & Profit in 9M FY26

  • Record crude throughput of 55.719 MMT
  • Sales volumes hit 77.774 MMT
  • Net profit surges to Rs 25,425 crore
  • Gross refining margin improves to $8.41/barrel
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IndianOil records highest-ever crude throughput and sales in first 9 months of FY26

IndianOil achieves highest-ever crude throughput & sales volumes in first 9 months of FY26, with net profit surging to Rs 25,425 crore.

"recorded its highest-ever nine-month crude throughput of 55.719 million metric tonnes - Indian Oil Corporation"

New Delhi, February 5

Indian Oil Corporation Limited reported a robust financial and operational performance in the first nine months of 2025-26, achieving its highest-ever crude throughput and sales volumes.

According to the company's standalone results, IndianOil recorded its highest-ever nine-month crude throughput of 55.719 million metric tonnes (MMT), marking a 5 per cent increase over 53.016 MMT in the corresponding period of the previous year.

Sales volumes also reached a record 77.774 MMT, up from 74.347 MMT in nine months of 2024-25.

Domestic petroleum sales rose by 4.3 per cent, outperforming the industry average growth of 4.1 per cent, it said.

High-speed diesel (HSD) institutional sales saw a sharp increase of 27.9 per cent, compared with an industry growth of 9.7 per cent. Domestic petrochemical sales increased by 3 per cent to 2.411 MMT during the period.

IndianOil's refinery throughput stood at 55.719 MMT with capacity utilisation of 105 per cent, while its cross-country pipeline network transported 77.9 MMT, reflecting a 4 per cent year-on-year growth.

The company also reported growth across gas sales, exports, and petrochemical segments.

The company's gross refining margin (GRM) improved significantly to USD 8.41 per barrel, compared with USD 3.69 per barrel in the same period last year.

On the financial front, IndianOil reported revenue from operations of Rs 6,53,369 crore for the nine-month period, compared with Rs 6,27,787 crore in 9M 2024-25.

Standalone net profit surged to Rs 25,425 crore, from Rs 5,697 crore in the corresponding period last year.

At the consolidated level, revenue from operations stood at Rs 6,64,553 crore, while net profit increased sharply to Rs 28,501 crore, compared with Rs 5,421 crore in 9M 2024-25, the company said.

- ANI

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Reader Comments

P
Priya S
Record sales mean more fuel on the roads and in industries. It's a direct indicator of economic activity picking up. The 27.9% jump in HSD institutional sales is particularly interesting - suggests logistics and construction are booming.
R
Rohit P
Great numbers, but as a consumer, my main concern is still petrol prices. When will we see some relief at the pump? The company's making record profits, maybe it's time to share some of that with the public? Just a thought.
S
Sarah B
The GRM improvement from $3.69 to $8.41 is the real story here. Shows excellent operational efficiency and better management of the crude-to-product spread. This performance should boost investor confidence in the energy sector.
K
Karthik V
While the profits are impressive, I hope IndianOil is also investing heavily in its refinery upgrades and petrochemical integration. The future is in specialty chemicals and reducing our import dependence. The 3% growth in petchem sales is a start, but we need more.
M
Meera T
More sales is good, but also means more consumption of fossil fuels. I appreciate the profits, but I'm more eager to see similar aggressive targets and investments in their renewable energy and hydrogen divisions. The energy transition is crucial.

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