Indian Oil Corporation Limited Q2 FY26 results deck summary

Results deck of 27 Oct 2025, summarised by AI from the filing.

Q2 FY26 standalone PAT ₹7,610 cr and PBT ₹10,066 cr, with GRM US$10.66/bbl.

Key takeaways

1. Q2 PAT Standalone PAT ₹7,610 cr (Q1 FY26: ₹5,689 cr).
2. Q2 PBT Standalone PBT ₹10,066 cr (Q1 FY26: ₹7,405 cr).
3. Q2 GRM GRM US$10.66/bbl (Q1 FY26: US$2.15/bbl).
4. Q2 EBITDA EBITDA contribution ₹16,106 cr (Q1 FY26: ₹13,220 cr).
5. FY25 net profit FY25 net profit ₹8,242 cr, suppressed by marketing margins.

Original filing on BSE

Indian Oil Corporation Limited Q1 FY27 results

As filed: Revenue ₹2,81,933 cr (+27% year on year), EBITDA ₹4,062 cr (−69% year on year), PAT −₹1,141 cr (−117% year on year), EBITDA margin 1.4% (−454 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹2,36,899 cr (+7% year on year), EBITDA ₹24,804 cr (+65% year on year), PAT ₹15,176 cr (+81% year on year), EBITDA margin 10.5% (+368 bps). Score 83 of 100, Above trend. Revenue growth was well above the company's own trend; EBITDA growth was in line with it; profit growth was above it. EBITDA margin rose 368 bps year on year. Profit rose ₹6,808 cr on a year ago, more than the ₹2,880 cr it added the year before. Share price after the results: +10.3% in 30 days (Nifty 500: +2.9%).
• Q3 FY26: Revenue ₹2,36,257 cr (+8% year on year), EBITDA ₹22,745 cr (+200% year on year), PAT ₹13,502 cr (+300% year on year), EBITDA margin 9.6% (+618 bps). Score 81 of 100, Above trend. Revenue and profit growth were well above the company's own trend; EBITDA growth was above it. EBITDA margin rose 618 bps year on year. Share price after the results: −2.4% in 29 days (Nifty 500: −4.5%).
• Q2 FY26: Revenue ₹2,06,447 cr (+4% year on year), EBITDA ₹16,245 cr (+300% year on year), PAT ₹8,191 cr, EBITDA margin 7.9% (+612 bps). Score 79 of 100, Above trend. Revenue growth was above the company's own trend; EBITDA growth was well above it. EBITDA margin rose 612 bps year on year. Revenue fell 7% from last quarter. Share price after the results: +6.7% in 30 days (Nifty 500: +0.5%).
• Q1 FY26: Revenue ₹2,21,849 cr (+1% year on year), EBITDA ₹13,268 cr (+34% year on year), PAT ₹6,808 cr (+83% year on year), EBITDA margin 6.0% (+147 bps). Score 58 of 100, In line with trend. Revenue and EBITDA growth were in line with the company's own trend; profit growth was above it. EBITDA margin rose 147 bps year on year. Profit fell 19% from last quarter. Share price after the results: +0.1% in 29 days (Nifty 500: +2.2%).
• Q4 FY25: Revenue ₹2,21,360 cr (−1% year on year), EBITDA ₹15,029 cr (+26% year on year), PAT ₹8,368 cr (+52% year on year), EBITDA margin 6.8% (+144 bps). Score 54 of 100, In line with trend. Revenue and EBITDA growth were in line with the company's own trend; profit growth was above it. EBITDA margin rose 144 bps year on year. Share price after the results: +4.6% in 30 days (Nifty 500: +3.1%).
• Q3 FY25: Revenue ₹2,19,522 cr (−3% year on year), EBITDA ₹7,572 cr (−54% year on year), PAT ₹2,147 cr (−84% year on year), EBITDA margin 3.5% (−386 bps). Score 30 of 100, Below trend. Revenue, EBITDA and profit before exceptional items growth were below the company's own trend. EBITDA margin fell 386 bps year on year. Other income 40% of PBT.
• Q2 FY25: Revenue ₹1,98,616 cr (−3% year on year), EBITDA ₹3,467 cr (−85% year on year), PAT −₹449 cr (−113% year on year), EBITDA margin 1.8% (−962 bps). Score 7 of 100, Below trend. EBITDA margin fell 962 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 10% from last quarter.

Past price moves after results do not indicate future moves. Not a recommendation.

Indian Oil Corporation Limited earnings call, investor presentation and press release summaries

• Q2 FY26: Results deck (27 Oct 2025)
• Q1 FY26: Results deck (14 Aug 2025)
• Q4 FY25: Results deck (30 Apr 2025)
• Other events: Strategy deck (26 Sep 2025), Strategy deck (2 Jun 2025)