| Revenue growth | ₹2,62,936 Cr, down 4.7% QoQ; up 29.5% YoY. |
|---|---|
| Margins | GRM at $18.52/bbl; post-SAID impact GRM stands at $36.67/bbl. |
| Demand visibility | Strong; MS and HSD consumption grew 8.5% and 7.5% respectively. |
| Management confidence | Balanced; focused on operational excellence despite significant geopolitical headwinds. |
Growth
Revenue fell 4.7% QoQ while PAT turned positive. High refinery utilization at 102.3% and strong domestic demand supported operational resilience.
Outlook
Capex target of ₹32,700 Cr for FY27; targeting 31 GW renewable capacity in 5 years via TerraGreen subsidiary.
Risks
Under-recoveries on domestic LPG (₹309-370 per cylinder) and volatile crude prices above $100/barrel remain significant margin threats.
Earnings Call Transcript filed with NSE, NSE: IOC. Summary written with AI assistance from the document.
Indian Oil Corporation Ltd: key numbers
- Share price
- ₹130.15
- Market cap
- ₹1,83,788 Cr
- Revenue (annual)
- ₹7,84,415 Cr
- Net profit (annual)
- ₹42,096 Cr
- P/E (TTM)
- 5.5×Sector 17.7×
- Promoter holding
- 51.50%+0.00% QoQ
- FII holding
- 8.61%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Indian Oil Corporation Ltd
All →Indian Oil Corporation Investor Presentation: Key Takeaways
Q2 FY27 standalone PAT Rs 21,630 Cr versus Q1 loss of Rs 2,661 Cr. GRM US$18.52/bbl versus US$15.59. Refinery expansions near completion.
Indian Oil Corporation Q2 FY27 Results: Net Profit ₹22,503 Cr, Up 174.7% YoY
Indian Oil Corporation Ltd reported revenue from operations of ₹268,039 Cr (+29.8% YoY) and net profit of ₹22,503 Cr (+174.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹22,503 Cr · +174.7% YoY
Indian Oil Corporation Other Announcement
Indian Oil Corporation Ltd intimated a change in its CIN from L23201MH1959GOI011388 to L19201MH1959GOI011388. The change reflects re-categorisation of principal activity under NIC 2008 and is for record only.
Indian Oil Corporation Debt & Borrowing: ₹222.3 Cr
Indian Oil Corporation paid Rs.222.3 Crore as annual interest on its Series-XIV non-convertible debentures (ISIN: INE242A08437) on 22 October 2026.
- Value
- ₹222.3 Cr
Indian Oil Corporation Debt & Borrowing: ₹186 Cr
IOC set November 10, 2026 as record date for interest on its Rs. 2,500 crore Series-XXV NCDs. Rs. 186 crore interest at 7.44% pays November 25, 2026.
- Value
- ₹186.0 Cr
Indian Oil Corporation Board Meeting Date
Indian Oil Corporation has scheduled a board meeting for October 30, 2026, to consider and approve its unaudited financial results for the quarter ended September 30, 2026.