Indian Oil Corporation Posts 78% YoY Increase in Q4 Net Profit, ₹14,458 Crore; Declares Final Dividend of ₹1.25 Per Share

Indian Oil Corporation Reports Mixed Performance in Q4FY26

Indian Oil Corporation (IOC) has reported a mixed performance for the March quarter of FY26, with consolidated revenue from operations rising marginally to ₹2.36 lakh crore, compared to ₹2.21 lakh crore in the corresponding quarter last year.

The company's total income for the quarter stood at ₹2.38 lakh crore, up from ₹2.22 lakh crore in Q4FY25. This growth in revenue is attributed to healthy marketing and refining margins before the full impact of the ongoing war-driven disruption in global energy markets hit earnings.

On a positive note, the company's profit before tax (PBT) increased sharply to ₹14,458 crore during the quarter, compared to ₹8,787 crore in the year-ago period. Meanwhile, net profit rose to ₹14,458 crore in Q4FY26 from ₹8,123 crore in Q4FY25, registering a strong 78% year-on-year growth.

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The record quarter profit came despite the company suffering huge losses on selling petrol, diesel, and cooking gas LPG below cost in March. According to the company's stock exchange filing, standalone net profit in January-March, the fourth and the final quarter of the 2025-26 fiscal year, rose to ₹11,377.51 crore from ₹7,264.85 crore a year back.