Indian Oil Corporation’s Q4FY26 Profit Jumps 78% YoY To ₹14,458 Crore
- By Kotak News Desk
- 19 May 2026 at 5:33 PM IST
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Indian Oil Corporation reported a 78% YoY rise in Q4FY26 net profit. The net profit increased to ₹14,458 crore because of the strong refining and marketing margins. The company also announced a final dividend of ₹1.25 per share.
Indian Oil Corporation reported a mixed set of results for the March quarter of FY26. Consolidated revenue from operations increased slightly to ₹2.36 lakh crore, compared with ₹2.21 lakh crore in the same quarter last year.
The company’s total income for the quarter came in at ₹2.38 lakh crore, rising from ₹2.22 lakh crore in Q4FY25.
Net profit, however, posted a sharp jump to ₹14,458 crore from ₹8,123 crore a year earlier, reflecting a 78% year-on-year increase. The growth was primarily supported by strong refining and marketing margins, although ongoing war-related volatility in global energy markets later began weighing on earnings.
On 19 May 2026, Indian Oil Corporation shares closed at ₹135.00, a piece on the National Stock Exchange.
Key Financial Highlights
Total Expenses | 219532.56 | 212834.10 | 3.15% |
Profit Before Tax (PBT) | 19791.04 | 10044.65 | 97.03% |
Net Profit Attributable to Parent | 14458.08 | 8123.64 | 77.98% |
Total Comprehensive Income | 19308.89 | 10350.29 | 86.55% |
Earnings Per Share (Basic) | 10.50 | 5.90 | 77.97% |
Paid-up Equity Share Capital | 14121.24 | 14121.24 | 0.00% |
Additional Highlights
Other Income | 1774.96 | 1237.84 | 43.40% |
Cost of Materials Consumed | 110846.61 | 114946.84 | -3.60% |
Excise Duty | 28610.07 | 26089.95 | 9.70% |
Purchases of Stock-in-Trade | 51740.49 | 52601.29 | -1.60% |
Employee Benefits Expense | 2434.72 | 2915.7 | -16.50% |
Finance Costs | 1880.12 | 2174.66 | -13.50% |
Depreciation, Amortisation & Impairment Expense | 5556.91 | 4325.35 | 28.50% |
Share of Profit from Associates & Joint Ventures | 649.31 | 279.62 | 132.20% |
Also Read - SBI Funds Management Targets ₹13,000 Crore IPO Through OFS, Aims For July Launch
Dividend Highlight
Indian Oil Corporation has recommended a final dividend of ₹1.25 per equity share for FY26, subject to shareholder approval at the upcoming AGM. The dividend represents 12.5% of the face value of ₹10 per share. If approved, payment will be made within 30 days of declaration, while the record date will be announced later.
Source:
Indian Oil Corporation Release
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