Indian Oil Corporation Releases Audited Financial Results and Recommends Final Dividend for FY 2025-26
Indian Oil Corporation Limited announced the outcome of its Board Meeting held on May 18, 2026, disclosing its audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026. The Board also recommended a final dividend for the fiscal year 2025-26.The Board of Directors recommended a final dividend of 12.5% for the year 2025-26, amounting to Rs. 1.25 per equity share of the face value of Rs. 10 each on the paid-up share capital. This dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) and would be paid within 30 days from the date of declaration at the AGM.
Financial Results Summary
The audited financial results for the period show key figures for both standalone and consolidated performance.Standalone Financial Results:
| Particulars | For Quarter Ended 31.03.2026 (Audited) | For Year Ended 31.03.2026 (Audited) |
|---|---|---|
| Total Income | 2,34,485.22 crore | - |
| Total Expenses | 2,19,162.85 crore | 8,42,428.31 crore |
| Profit/ (Loss) before Tax | 15,322.37 crore | 48,784.41 crore |
| Net Profit/ (Loss) for the period | 11,377.51 crore | 36,802.42 crore |
| Total Comprehensive Income for the period | 14,677.40 crore | 39,639.54 crore |
Consolidated Financial Results:
| Particulars | For Quarter Ended 31.03.2026 (Audited) | For Year Ended 31.03.2026 (Audited) |
|---|---|---|
| Total Income | 2,38,674.29 crore | 8,62,876.46 crore |
| Total Expenses | 2,19,532.56 crore | 8,51,119.17 crore |
| Profit/ (Loss) before Tax | 19,791.04 crore | 57,472.08 crore |
| Net Profit/(Loss) for the period | 15,176.08 crore | 43,677.32 crore |
| Total Comprehensive Income for the period | 19,308.89 crore | 48,408.80 crore |
Financial Performance Tables
The following tables present the reported revenues and asset/liability structures for the period.Revenue from Operations (Crores):
| Segment | Quarter Ended 31.03.2026 | Quarter Ended 31.12.2025 | Quarter Ended 31.03.2025 | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|---|---|---|
| Petroleum Products | 2,20,218.01 | 2,21,309.62 | 2,06,059.97 | 8,42,195.30 | 8,03,744.80 |
| Petrochemicals | 8,010.80 | 6,935.77 | 7,225.87 | 28,102.02 | 28,030.50 |
| Gas | 11,377.27 | 11,690.82 | 11,189.69 | 44,512.15 | 42,341.44 |
| Other Business Activities | 1,669.86 | 1,499.57 | 1,754.36 | 5,287.80 | 5,223.09 |
| REVENUE FROM OPERATIONS | 2,36,899.33 | 2,36,257.24 | 2,21,360.24 | 9,01,452.70 | 8,59,362.73 |
Total Assets (Crores):
| Metric | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Total Assets | 5,28,954.96 | 5,07,199.66 |
Total Equity and Liabilities (Crores):
| Metric | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Total Equity and Liabilities | 5,28,954.96 | 5,07,199.66 |
Segment Revenue and Assets
Segment Revenue (Crores):| Segment | Quarter Ended 31.03.2026 | Quarter Ended 31.12.2025 | Quarter Ended 31.03.2025 | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|---|---|---|
| Petroleum Products | 2,20,218.01 | 2,21,309.62 | 2,06,059.97 | 8,42,195.30 | 8,03,744.80 |
| Petrochemicals | 8,010.80 | 6,935.77 | 7,225.87 | 28,102.02 | 28,030.50 |
| Gas | 11,377.27 | 11,690.82 | 11,189.69 | 44,512.15 | 42,341.44 |
| Other Business Activities | 1,669.86 | 1,499.57 | 1,754.36 | 5,287.80 | 5,223.09 |
| REVENUE FROM OPERATIONS | 2,36,899.33 | 2,36,257.24 | 2,21,360.24 | 9,01,452.70 | 8,59,362.73 |
Segment Assets (Crores):
| Segment | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Petroleum Products | 3,72,118.96 | 3,61,619.24 |
| Petrochemicals | 45,224.57 | 40,375.44 |
| Gas | 14,125.75 | 15,079.10 |
| Other Business Activities | 16,707.31 | 15,179.11 |
| Unallocated | 80,778.37 | 74,946.77 |
| TOTAL ASSETS | 5,28,954.96 | 5,07,199.66 |
Other Key Developments
Indian Oil Corporation Limited reported that during the year, the company recognized an impairment loss of 1,212.42 crore against non-fossil / off-gas based fuel production facilities, after recognizing these facilities as independent Cash Generating Units (CGUs). Additionally, an impairment loss of 1,219.57 crore (compared to NIL in 2025) was recognized against investments in IndOil Global.The company noted that its profitability for the year 2025-26 was largely protected from international market volatility due to inventory that was procured at normal prices before the conflict in the Middle East region. Inventories included 3 crude oil shipments valuing 5,411.83 crore and 5 LPG shipments valuing 3618.64 crore, which were waiting in the Arab Gulf / Persian Gulf region as of March 31, 2026. All 5 LPG shipments were received by May 18, 2026.
The company also highlighted the receipt of compensation for 14,486 crores from the Government of India, towards under-recoveries incurred on the sale of domestic LPG up to March 31, 2026.
Financial Ratios Overview
The following table shows key financial ratios calculated for the company.| Ratio | 31.03.2026 | 31.03.2025 |
|---|---|---|
| Debt Equity Ratio (Times) | 0.53 | 0.75 |
| Current Ratio (Times) | 0.73 | 0.68 |
| Total Debts to Total Assets (Times) | 0.23 | 0.28 |
| Net Profit Margin (%) | 4.85% | 1.60% |
The company reported that it received an unmodified opinion on its consolidated financial results for the year ended March 31, 2026.
IOC Stock Price Movement
Shares of Indian Oil Corporation Limited today shed 1.84% in post-market trading, settling at ₹131.81. The stock plunged on high volume, hitting 15.77 million shares, and dipping to its 52-week low.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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