Indian Oil Corporation reported a 7% YoY rise in Q4 FY26 revenue, while consolidated net profit surged 81% to ₹15,176 crore. The company also announced a final dividend of ₹1.25 per share.
IOCL Q4 Results 2026: Indian Oil Corporation reported consolidated revenue from operations of ₹2,36,899.33 crore in Q4 FY26, up 7.02% YoY. Profit after tax rose to ₹15,176.08 crore. The board also recommended a final dividend of ₹1.25 per share.
IOCL Q4 Results 2026: Indian Oil Corporation (IOC) shares gained over 1.5% in early trade after the company announced its Q4 FY26 results, even as profit remained under pressure. The positive reaction suggests investors are betting on improving refining margins, stable fuel demand, and stronger operational performance ahead. Following the earnings announcement, IOC shares rose to ₹133.83 at 9:16 AM on Tuesday. However, the stock is still down 19% on a year-to-date (YTD) basis and nearly 8% over the last one year.

As of 19 May, 9.16 AM
Indian Oil Corporation (IOC) reported a strong March quarter performance despite losses from selling petrol, diesel, and LPG below cost to protect consumers from global price volatility after the West Asia conflict.
|
Metric |
Q4 FY26 |
Q3 FY26 |
QoQ% |
Q4 FY25 |
YoY% |
|
Revenue from Ops (₹ Cr) |
2,36,899.33 |
2,36,257.24 |
+0.27% |
2,21,360.24 |
+7.01% |
|
Total Income (₹ Cr) |
2,38,674.29 |
2,37,417.69 |
+0.53% |
2,22,598.08 |
+7.23% |
|
Net Profit (₹ Cr) |
15,176.08 |
13,502.26 |
+12.39% |
8,367.63 |
+81.40% |
Source: NSE filing, Indian Oil Corporation FY26 Consolidated Annual Results
Consolidated revenue from operations stood at ₹2,36,899.33 crore in Q4 FY26, compared to ₹2,21,360.24 crore in Q4 FY25, registering a growth of 7% year-on-year. Revenue increased marginally by 0.27% from Q3 FY26.
Total income for the quarter came in at ₹2,38,674.29 crore, up 7.22% from ₹2,22,598.08 crore in the year-ago period. On a quarter-on-quarter basis, total income rose 0.53% from ₹2,37,417.69 crore.
Consolidated net profit jumped 81% YoY and 12% QoQ.
The petroleum products segment remained the largest contributor to revenue during the quarter. Petrochemicals posted double-digit growth, while the gas business remained largely stable.
|
Segment |
Q4 FY26 (₹ Cr) |
Q4 FY25 (₹ Cr) |
YoY % |
|
Petroleum Products |
2,20,218.01 |
2,06,059.97 |
6.87% |
|
Petrochemicals |
8,010.80 |
7,225.87 |
10.86% |
|
Gas |
11,377.27 |
11,189.69 |
1.68% |
|
Other Business Activities |
1,669.86 |
1,754.36 |
-4.82% |
IOC reported consolidated revenue of ₹9,01,452.70 crore in FY26, up 4.90% from ₹8,59,362.73 crore in FY25. Profit after tax surged to ₹43,677.32 crore from ₹13,788.83 crore a year ago. Operating cash flow also improved sharply during the year.
|
Metric |
FY26 |
FY25 |
YoY Change |
|
Consolidated Revenue (₹ Cr) |
9,01,452.70 |
8,59,362.73 |
4.90% |
|
Consolidated Net Profit Tax (₹ Cr) |
43,677.32 |
13,788.83 |
68.43% |
|
Operating Cash Flow (₹ Cr) |
76,142.08 |
34,452.40 |
121.01% |
Source: NSE filing, Indian Oil Corporation FY26 Consolidated Annual Results
The board recommended a final dividend of ₹1.25 per equity share with face value of ₹10 each for FY26, subject to shareholder approval.