Indian Oil Corporation Limited Announces Stellar Performance for 9M 2025-26
In a recent financial disclosure, Indian Oil Corporation Limited (IOCL) has shared its remarkable performance metrics for the first nine months (9M) of the fiscal year 2025-26. The data indicates significant growth and record-setting figures in various operational areas.
Key Performance Indicators
- Crude Processing Achievements: IOCL reported a record crude throughput of 55.719 million metric tonnes (MMT), a notable increase from 53.016 MMT in the same period of the previous year, marking a 5% growth.
- Sales Volume Growth: The company also saw its highest ever sales volumes reaching 77.774 MMT, up from 74.347 MMT in the prior year, indicating a 5% rise.
- Domestic Petroleum Sales: There was a 4.3% increase in domestic petroleum sales volume, outpacing the industry’s growth of 4.1%.
- Institutional High-Speed Diesel (HSD) Sales: HSD sales to institutions surged by 27.9%, significantly higher than the industry’s 9.7% increase.
- Petrochemical Sales: Domestic petrochemical sales volume grew by 3%, reaching 2.411 MMT from 2.344 MMT in the previous year.
- Pipeline Throughput: The throughput of IOCL’s cross-country pipelines rose by 4% to 77.900 MMT, up from 74.700 MMT.
Financial Highlights
The company’s gross refining margin (GRM) for the period stood at $8.41 per barrel, a sharp increase from $3.69 per barrel in the previous year. When normalized for inventory gains or losses, the GRM was even higher at $9.86 per barrel.
- Revenue: IOCL’s revenue from operations was reported at 76,53,369 crores, slightly up from 76,27,787 crores in the previous year.
- Net Profit: The net profit saw a dramatic increase, reaching 725,425 crores, compared to 75,697 crores in 9M 2024-25.
Group-Level Financials
At the group level, the revenue figures were slightly higher, standing at 76,64,553 crores. The net profit at the consolidated level was reported as 728,501 crores, marking an impressive rise from the previous year’s 75,421 crores.
Conclusion
The data reported by Indian Oil Corporation Limited underscores a robust performance and healthy growth trajectory in the oil and gas sector, contributing significantly to its financial strength and market position. This performance is a testament to IOCL’s strategic initiatives and operational excellence, setting new benchmarks in the industry.
