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Indian Oil Corporation Ltd consolidated sales down 4.67% on year in Q3FY2026, net profit plunged by 2072.03%
31-Oct-2026, 11:38

Indian Oil Corporation Ltd share price softened by 0.12% to Rs 130.0 after the company's net profit witnessed a sharp fall of 2072.03% to Rs 22502.62 crore, while revenue from operations slipped slightly by 4.67% to Rs 253966.89 crore in Q3FY26 over Q2FY26.


The market capitalization of Refineries & Marketing industry group stocks on BSE stood at Rs 22.38 lakh crore, slipping 1.31%. It has slipped by 1.49% over last one week and slid back by 10.30% in last one month while the market capitalization of Indian Oil Corporation Ltd has inched up 0.78% and 7.24% in the same period respectively.


Profit before tax (PBT) of Indian Oil Corporation Ltd stood at Rs 28190.53 crore in Q3 FY26, expanding by 153.88% year-on-year, and tanking 3122.82% quarter-on-quarter. EBITDA came in at Rs 33124 crore, rallying 112.32% YoY and jumping 816.02% sequentially.


Total expenses dropped by 15.80% to Rs 224599.12 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 135245.58 crore, registering a fall of 30.76% YoY, while employee benefits expense was at Rs 2927.94 crore, witnessing a strong rise of 12.96% YoY.


For the TTM ended FY26, revenue from operations inched higher 3.47% to Rs 7.84 lakh crore, while net profit surged by 216.76% to Rs 43677.32 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 3411871% to Rs 72898.66 crore, and PBT soared 236.81% to Rs 57472.08 crore compared to previous TTM.


The company's consolidated net cash flow from operating activities stood at Rs 76142.08 crore in FY26, as against Rs 34452.4 crore in FY25.


Indian Oil Corporation Ltd tumbled by 20.39% in last one year, underperforming the benchmark BSE Sensex which has declined by 11.78% during the same period.