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(02 Apr 2026, 09:53)

Indian Oil Corporation reports record volumes across businesses

Indian Oil Corporation (IOC) reported strong operational performance for the latest fiscal period, posting a 4% growth in consolidated sales of petroleum products to 104.4 million tonnes (MT), up from 100.3 MT in the same period last year.


Refineries achieved a record crude throughput of 75.4 MT, with operational reliability at 99.5%, while pipeline throughput reached a new high of 105.3 MT, reflecting robust distribution efficiency.

The company also commissioned 909 new retail outlets, enhancing its market presence across nine of the top 10 National Highways.

In the downstream segments, IOC’s lubricants business registered record sales of 855,000 tonnes, growing 15% against the industry average of 4%. Petrochemicals reported highest-ever sales of 3.22 MT and production of 3.4 MT, while the gas business recorded RLNG sales of around 5.60 MT (excluding internal consumption).

IOC’s strong volume growth across its refining, marketing, and petrochemical businesses highlights the company’s continued leadership in India’s energy sector.

Indian Oil Corporation is a Maharatna PSU under the Government of India, with operations spanning the entire hydrocarbon value chain, including refining, pipeline transportation, and marketing of petroleum products, as well as exploration and production, natural gas, and petrochemicals.

The company’s standalone net profit surged 321.98% to Rs 12,125.86 crore in Q3 FY26 compared with Rs 2,873.53 crore in Q3 FY25. Revenue from operations (excluding excise duty) rose 5.43% YoY to Rs 2,04,424.39 crore in Q3 FY26 as against Rs 1,93,899.5 crore reported in Q3 FY25.

The counter tanked 3.46% to Rs 131 on the BSE.

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