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Key Points

Indian Oil Corporation has reported an impressive 83% year-on-year profit surge in Q1 FY26, demonstrating strong operational resilience. The company's net profit reached Rs 6,808.12 crore, with EBITDA growing 32.5% to Rs 13,850.66 crore. Despite the robust financial performance, the stock experienced a slight dip, reflecting market volatility. The results underscore IOCL's ability to navigate challenging economic conditions while maintaining profitability.

Key Points: IOCL Q1 Profit Soars 83% to Rs 6,808 Crore Despite Market Dip

  • - IOCL's net profit jumps 83% year-on-year to Rs 6,808.12 crore
  • Revenue marginally increases 0.9% to Rs 2,21,849.02 crore
  • EBITDA rises 32.5% to Rs 13,850.66 crore
  • Share price drops 1.65% post-results
2 min read

IOCL's Q1 net profit surges 83 pc to Rs 6,808 crore

Indian Oil Corporation reports robust Q1 earnings with 83% profit surge, highlighting strong operational performance amid market challenges.

"Operating margin improved to 4.61 percent from 2.91 percent - IOCL Financial Report"

Mumbai, Aug 14

Maharatna public sector company Indian Oil Corporation Limited (IOCL) on Thursday posted an 83 per cent year-on-year (YoY) jump in consolidated net profit for the April–June quarter (Q1) of FY26.

Net profit for Q1 FY26 came in at Rs 6,808.12 crore, up from Rs 3,722.63 crore in the same quarter previous fiscal (Q1 FY25), according to its stock exchange filing.

However, the figure was lower than the Rs 8,367.63 crore profit recorded in the March 2025 quarter.

Revenue from operations rose just 0.9 per cent year-on-year (YoY) to Rs 2,21,849.02 crore from Rs 2,19,864.34 crore a year ago.

Total expenses of the company in the first quarter were Rs 2,14,830.24 crore, compared to Rs 2,16,125.54 crore in year-ago period.

The major contributors to the company's expenses were the cost of materials consumed at Rs 1,09,450.8 crore, purchases of stock-in-trade at Rs 47,904.81 crore, excise duty at Rs 29,508.37 crore and other expenses at Rs 13,031.67 crore.

Operating performance was stronger, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising 32.5 per cent to Rs 13,850.66 crore from Rs 10,452.51 crore in the same period previous financial year.

Operating margin improved to 4.61 per cent from 2.91 per cent a year earlier, though it slipped from 4.96 per cent in the previous quarter, the firm stated in its regulatory filing.

Despite the sharp annual profit growth, IOC's share price fell after the results. The stock touched the day's low of Rs 140 on the Bombay Stock Exchange (BSE), down 1.65 per cent from its previous close of Rs 142.40.

IOC shares have gained 19.49 per cent in the past six months but are still down 14 per cent over the last year.

- IANS

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Reader Comments

P
Priyanka N
The numbers look impressive but why did the stock price fall? Market expected even better results? As a small investor, this volatility is confusing 😕
A
Aman W
Excise duty of ₹29,508 crore! That's where our petrol money is going. Government is the biggest beneficiary of oil companies' profits. Common man suffers either way.
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Sarah B
Operating margin improvement from 2.91% to 4.61% shows better efficiency. But still very thin margins compared to global oil majors. IOC needs to work more on cost optimization.
V
Vikram M
Good performance but they should invest more in renewable energy. Can't keep depending on fossil fuels forever. India's energy future needs diversification 🌱
K
Kavya N
As an IOC shareholder, I'm happy with the results but concerned about the stock reaction. Maybe market wanted higher dividend announcement? Long term prospects still look good 👍
N
Nikhil C
Revenue growth just 0.9% shows volume stagnation. Profit jump is mainly from cost control and margin improvement. Not sustainable growth in my opinion.

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