Quarterly results · IOC
INDIAN OIL CORP LTD reported revenue of ₹2,68,039 cr and net profit of ₹22,503 cr in Q2 FY27 (quarter ended 30 Sept 2026). Below is the full quarter-wise results table with revenue, operating profit, margins, tax, EPS and annual history — updated when Yahoo Finance publishes updated financial statements; exchange filings can appear earlier.
Next results date
30 Oct 2026
To consider and approve the financial results for the period ended September 30, 2026
| Quarter | Q2 FY27 |
|---|---|
| Quarter ended | 30 Sept 2026 |
| Revenue | ₹2,68,039 cr |
| Revenue YoY | — |
| Operating profit | ₹29,368 cr |
| Operating margin | 11.0% |
| Net profit | ₹22,503 cr |
| Net profit YoY | — |
| Net profit QoQ | +1479.9% |
| Net margin | 8.4% |
| Basic EPS | ₹15.54 |
| TTM revenue | ₹9,47,893 cr |
| TTM net profit | ₹48,337 cr |
| TTM net margin | 5.1% |
INDIAN OIL CORP LTD (IOC) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹2,68,039 cr and a net profit of ₹22,503 cr, translating into earnings per share of ₹15.54.
Operating profit for the quarter stood at ₹29,368 cr, an operating margin of 11.0%.
Revenue
₹2,68,039 cr
— YoY
Net profit
₹22,503 cr
— YoY
Operating profit
₹29,368 cr
— YoY
EPS
₹15.54
— YoY
Swipe sideways to see all columns →
| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
|---|---|---|---|---|---|---|---|---|
| Q2 FY272026-09-30 | ₹2,68,039 cr | ₹29,368 cr | ₹22,503 cr | 11.0% | 8.4% | ₹15.54 | — | +1479.9% |
| Q1 FY272026-06-30 | ₹2,66,407 cr | -₹278 cr | -₹1,631 cr | -0.1% | -0.6% | ₹-1.18 | -123.9% | -111.3% |
| Q4 FY262026-03-31 | ₹2,08,289 cr | ₹19,910 cr | ₹14,458 cr | 9.6% | 6.9% | ₹10.50 | +78.0% | +11.2% |
| Q3 FY262025-12-31 | ₹2,05,157 cr | ₹18,752 cr | ₹13,007 cr | 9.1% | 6.3% | ₹9.44 | — | +90.9% |
| Q1 FY262025-06-30 | ₹1,92,341 cr | ₹9,089 cr | ₹6,814 cr | 4.7% | 3.5% | ₹4.95 | — | -16.1% |
| Q4 FY252025-03-31 | ₹1,95,270 cr | ₹10,866 cr | ₹8,124 cr | 5.6% | 4.2% | ₹5.90 | — | — |
| TTM (last 4 quarters) | ₹9,47,893 cr | ₹67,752 cr | ₹48,337 cr | 7.1% | 5.1% | ₹34.30 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
|---|---|---|---|---|---|---|
| Revenue / Sales | ₹2,68,039 cr | ₹2,66,407 cr | ₹2,08,289 cr | ₹2,05,157 cr | ₹1,92,341 cr | ₹1,95,270 cr |
| Total expenses | ₹2,41,171 cr | ₹2,66,685 cr | ₹1,88,379 cr | ₹1,86,406 cr | ₹1,83,251 cr | ₹1,84,404 cr |
| Gross profit | — | ₹16,438 cr | ₹42,465 cr | ₹35,689 cr | ₹25,189 cr | ₹26,540 cr |
| Operating profit (EBIT) | ₹29,368 cr | -₹278 cr | ₹19,910 cr | ₹18,752 cr | ₹9,089 cr | ₹10,866 cr |
| Operating margin | 11.0% | -0.1% | 9.6% | 9.1% | 4.7% | 5.6% |
| Interest cost | ₹2,499 cr | ₹1,730 cr | ₹1,880 cr | ₹2,088 cr | ₹2,070 cr | ₹2,175 cr |
| Profit before tax | ₹27,542 cr | -₹933 cr | ₹19,791 cr | ₹17,827 cr | ₹8,750 cr | ₹10,045 cr |
| Tax expense | ₹5,688 cr | ₹209 cr | ₹4,615 cr | ₹4,325 cr | ₹1,942 cr | ₹1,677 cr |
| Effective tax rate | 20.7% | -22.4% | 23.3% | 24.3% | 22.2% | 16.7% |
| Net profit (PAT) | ₹22,503 cr | -₹1,631 cr | ₹14,458 cr | ₹13,007 cr | ₹6,814 cr | ₹8,124 cr |
| Net profit margin | 8.4% | -0.6% | 6.9% | 6.3% | 3.5% | 4.2% |
| Basic EPS | ₹15.54 | ₹-1.18 | ₹10.50 | ₹9.44 | ₹4.95 | ₹5.90 |
| Diluted EPS | — | ₹-1.18 | ₹10.50 | ₹9.44 | ₹4.95 | ₹5.90 |
| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|---|
| Revenue YoY | — | +38.5% | +6.7% | — | — | — |
| Revenue QoQ | +0.6% | +27.9% | +1.5% | +6.7% | -1.5% | — |
| Operating profit YoY | — | -103.1% | +83.2% | — | — | — |
| Operating profit QoQ | +10679.2% | -101.4% | +6.2% | +106.3% | -16.4% | — |
| Net profit YoY | — | -123.9% | +78.0% | — | — | — |
| Net profit QoQ | +1479.9% | -111.3% | +11.2% | +90.9% | -16.1% | — |
| EPS YoY | — | -123.8% | +78.0% | — | — | — |
| EPS QoQ | +1416.9% | -111.2% | +11.2% | +90.7% | -16.1% | — |
Full-year performance for INDIAN OIL CORP LTD, useful for reading each quarter in context.
| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
|---|---|---|---|---|
| Revenue / Sales | ₹7,73,993 cr | ₹7,54,568 cr | ₹7,72,842 cr | ₹8,27,547 cr |
| Total expenses | ₹7,05,739 cr | ₹7,32,726 cr | ₹7,11,497 cr | ₹8,01,634 cr |
| Gross profit | ₹1,08,705 cr | ₹66,894 cr | ₹1,05,994 cr | ₹56,050 cr |
| Operating profit (EBIT) | ₹68,254 cr | ₹21,842 cr | ₹61,345 cr | ₹25,914 cr |
| Operating margin | 8.8% | 2.9% | 7.9% | 3.1% |
| Interest cost | ₹7,762 cr | ₹8,438 cr | ₹7,584 cr | ₹6,647 cr |
| Profit before tax | ₹57,472 cr | ₹17,063 cr | ₹57,288 cr | ₹15,038 cr |
| Tax expense | ₹13,795 cr | ₹3,275 cr | ₹14,127 cr | ₹3,333 cr |
| Effective tax rate | 24.0% | 19.2% | 24.7% | 22.2% |
| Net profit (PAT) | ₹42,096 cr | ₹13,598 cr | ₹41,730 cr | ₹9,792 cr |
| Net profit margin | 5.4% | 1.8% | 5.4% | 1.2% |
| Basic EPS | ₹30.57 | ₹9.87 | ₹30.30 | ₹7.11 |
| Diluted EPS | ₹30.57 | ₹9.87 | ₹30.30 | ₹7.11 |
Topline for Q2 FY27 came in at ₹2,68,039 cr, and ₹2,66,407 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue grew +0.6%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹2,41,171 cr, or 90.0% of revenue.
Net profit of ₹22,503 cr works out to a net margin of 8.4%.
Below the operating line, INDIAN OIL CORP LTD reported profit before tax of ₹27,542 cr, a tax charge of ₹5,688 cr (effective rate 20.7%), interest cost of ₹2,499 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from -₹1,631 cr in Q1 FY27 to ₹22,503 cr in Q2 FY27, a change of +1479.9%.
Across the trailing four quarters INDIAN OIL CORP LTD has generated revenue of ₹9,47,893 cr and net profit of ₹48,337 cr, a trailing net margin of 5.1%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹7,73,993 cr with net profit of ₹42,096 cr and EPS of ₹30.57, versus the prior year where revenue grew +2.6% and profit grew +209.6%.
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
INDIAN OIL CORP LTD has intimated the exchange that its board meets on 30 Oct 2026 to approve financial results. The figures shown here update when Yahoo Finance publishes the corresponding statement data, which can lag the filing.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
In Q2 FY27 (quarter ended 30 Sept 2026), INDIAN OIL CORP LTD reported revenue of ₹2,68,039 cr and net profit of ₹22,503 cr. EPS stood at ₹15.54.
INDIAN OIL CORP LTD posted a net profit margin of 8.4% and an operating margin of 11.0% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹9,47,893 cr and net profit ₹48,337 cr.
INDIAN OIL CORP LTD net profit changed +1479.9% quarter on quarter, from -₹1,631 cr in Q1 FY27 to ₹22,503 cr in Q2 FY27.
The board of INDIAN OIL CORP LTD meets on 30 Oct 2026 to consider and approve the financial results, as per the exchange filing.
Our latest IOC results coverage — "Indian Oil Corporation Limited Q2 FY27 Results: Net Profit ₹21,630 cr" — breaks down revenue, profit, margins and management commentary.
For FY26, INDIAN OIL CORP LTD reported full-year revenue of ₹7,73,993 cr and net profit of ₹42,096 cr, with EPS of ₹30.57.
Past results dates for IOC will be listed here from the exchange calendar.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 31 Oct 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.
