IOCL Q2 Review: Record Profit, Rising Crude. Can Refining Gains Offset H2 Pain?

Published 02 Nov 2026, 08:31 IST

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India’s three state-run fuel retailers earned a combined standalone net profit of Rs 30,106 crore in the July-September quarter, nearly 39 per cent of their annual earnings, after a refining margin boost and inventory gains helped more than offset losses on fuel sales and a mounting unpaid LPG…

— The Pioneer

RSS excerpt

Indian Oil's standalone revenue declined 4.6% sequentially to Rs 2.50 lakh crore from Rs 2.62 lakh crore in Q1 FY27, broadly in line with analysts' estimates.

Coverage arrived over 5 hours — first from The Pioneer, latest from NDTV.

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NDTV Center-Right Adani Group (AMG Media) Current article 02 Nov 2026, 08:31 IST

IOCL Q2 Review: Record Profit, Rising Crude. Can Refining Gains Offset H2 Pain?

Indian Oil's standalone revenue declined 4.6% sequentially to Rs 2.50 lakh crore from Rs 2.62 lakh crore in Q1 FY27, broadly in line with analysts' estimates.

Read full article at NDTV ↗

The Pioneer Center-Right The Pioneer 02 Nov 2026, 03:05 IST

IOC, BPCL, HPCL clock Rs 30,106 crore in Q2 profit

India’s three state-run fuel retailers earned a combined standalone net profit of Rs 30,106 crore in the July-September quarter, nearly 39 per cent of their annual earnings, after a refining margin boost and inventory gains helped more than offset losses on fuel sales and a mounting unpaid LPG…

Compare on Varta → Read at The Pioneer ↗