Indian Oil Corporation's Q3 FY 2025-26 Quarterly Results

Result Summary

• Indian Oil Corporation Ltd reported a 15.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.8%.
• Its expenses for the quarter were up by 11.6% QoQ and down 2.4% YoY.
• The net profit increased 64.8% QoQ and increased 528.8% YoY.
• The earnings per share (EPS) of Indian Oil Corporation Ltd stood at 9.44 during Q3 FY 2025-26.

Financial Statments for Q3 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Indian Oil Corporation Ltd is a prominent public sector undertaking in India, primarily engaged in the refining, transportation, and marketing of petroleum products. As one of the largest oil companies in the country, it plays a crucial role in ensuring energy security and meeting the oil and gas demands of a rapidly growing economy. The company's product portfolio includes fuels, lubricants, petrochemicals, and natural gas. Indian Oil Corporation has an extensive network of refineries, pipelines, and marketing infrastructure across India, making it a significant player in the domestic energy sector. In recent years, the company has been focusing on expanding its renewable energy initiatives and increasing its presence in the global energy market. No specific recent major developments are available within the timeframe of the data provided.

Revenue

In Q3FY26, Indian Oil Corporation Ltd reported a total income of ₹206,317.82 crores, marking a 15.1% increase from the previous quarter (Q2FY26), which recorded a total income of ₹179,272.48 crores. Compared to the same quarter in the previous fiscal year (Q3FY25), which had a total income of ₹195,036.06 crores, there is a year-over-year increase of 5.8%. This data indicates that the company experienced substantial revenue growth both on a quarter-over-quarter and year-over-year basis. The increase in total income reflects the company's ability to enhance its revenue streams, possibly through increased sales volume or pricing adjustments within its product offerings.

Profitability

The profitability of Indian Oil Corporation Ltd showed significant improvements in Q3FY26. The profit before tax (PBT) for the quarter was ₹17,360.34 crores, representing a 67.0% increase from ₹10,392.42 crores in Q2FY26 and an impressive 585.6% increase from ₹2,531.98 crores in Q3FY25. The tax expense for Q3FY26 was ₹4,324.59 crores, which was 48.5% higher than the previous quarter's tax of ₹2,912.85 crores and 598.5% higher than Q3FY25's tax of ₹619.12 crores. Consequently, the profit after tax (PAT) in Q3FY26 was ₹13,502.26 crores, a rise of 64.8% from ₹8,190.86 crores in the previous quarter and 528.8% from ₹2,147.35 crores in the same quarter last year. These figures indicate a significant enhancement in profitability measures, reflecting operational efficiencies and potentially favorable market conditions.

Operating Metrics

The earnings per share (EPS) for Indian Oil Corporation Ltd in Q3FY26 was ₹9.44, which demonstrates a 66.2% increase from ₹5.68 in Q2FY26 and a substantial 513.0% increase from ₹1.54 in Q3FY25. The company’s total expenses were ₹188,494.37 crores in Q3FY26, which is an increase of 11.6% from ₹168,871.82 crores in the previous quarter, but a decrease of 2.4% from ₹193,199.18 crores in Q3FY25. The expenses data, along with the revenue and profitability metrics, highlights the company’s operational dynamics in terms of cost management and revenue generation. The financial data emphasizes the company’s ability to manage its expenses effectively while enhancing its profitability and shareholder value through increased EPS.