Indian Oil Corporation Ltd (IOC) announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.
The board of directors also recommended a final dividend of ₹1.25 per equity share for FY26, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Indian Oil posted revenue from operations of ₹2,32,855.33 crore in Q4FY26, compared to ₹2,17,725.44 crore in the corresponding quarter last year. Total income for the quarter stood at ₹2,34,485.22 crore.
Net profit for the quarter came in at ₹11,377.51 crore, registering a strong increase from ₹7,264.85 crore reported in Q4FY25. The improvement in profitability reflects stronger business operations and better overall financial performance during the quarter.
The company continued to maintain its position as one of India’s leading integrated energy companies with a wide presence across refining, pipeline transportation, fuel marketing, and petrochemicals.
For the full financial year ended March 31, 2026, Indian Oil reported revenue from operations of ₹8,86,224.41 crore compared to ₹8,45,512.61 crore in FY25.
Total income for FY26 stood at ₹8,91,212.72 crore, while net profit surged to ₹36,802.42 crore from ₹12,961.57 crore reported in the previous financial year. The strong jump in annual profit highlights the company’s improved earnings performance across its core business segments.
The rise in profitability may also support the company’s future investment plans in refining expansion, clean energy initiatives, and infrastructure development.
The board recommended a final dividend of 12.5% for FY26, translating to ₹1.25 per equity share of face value ₹10 each. The dividend will be paid within 30 days from the date of declaration at the AGM, subject to shareholder approval.
The company stated that the record date for the dividend payment will be announced separately in due course.
On May 19, 2026, IOC share price opened at ₹134.10, touching the day’s high at ₹135.63, as of 10:13 AM on the NSE.
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Indian Oil delivered a strong financial performance in FY26 with substantial growth in revenue and profit. The sharp rise in annual earnings, along with the announcement of a final dividend, reflects the company’s operational strength and stable cash generation. Going forward, investors will closely monitor crude oil price trends, refining margins, fuel demand, and the company’s expansion plans in both conventional and renewable energy businesses.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 19, 2026, 10:45 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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