IOC Quarterly Results, Profit & Loss, Balance Sheet (IOC)
IOC quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Indian Oil Corporation Ltd reported sales of ₹2,53,967 Cr, operating profit of ₹33,797 Cr (OPM 13%) and net profit of ₹22,503 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
IOC quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
1,94,014
1,95,270
1,92,341
1,78,628
2,05,157
2,08,289
2,66,407
2,53,967
Expenses
1,86,442
1,80,241
1,79,073
1,62,383
1,82,412
1,83,485
2,62,345
2,20,169
Operating Profit
7,573
15,029
13,267
16,245
22,745
24,804
4,062
33,797
OPM
3.9%
8%
7%
9%
11%
12%
1.5%
13%
Other Income
1,936
1,519
1,732
1,356
1,627
2,424
1,143
1,322
Interest
2,458
2,178
2,070
2,270
2,088
1,880
1,730
2,499
Depreciation
4,284
4,325
4,179
4,227
4,457
5,557
4,408
4,430
Profit before tax
2,766
10,045
8,750
11,104
17,827
19,791
-933
28,191
Tax
22%
17%
22%
26%
24%
23%
22%
20%
Net Profit
2,147
8,368
6,808
8,191
13,502
15,176
-1,141
22,503
EPS in Rs
1.5
5.75
4.83
5.54
9.21
10.24
-1.15
15.16
IOC profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
5,89,336
8,41,756
7,76,352
7,58,106
7,84,415
9,33,821
Expenses
5,42,717
8,11,073
7,00,702
7,22,066
7,07,308
8,48,412
Operating Profit
46,619
30,683
75,650
36,040
77,108
85,409
OPM
8%
3.6%
10%
4.8%
10%
9%
Other Income
4,318
5,124
5,384
7,112
7,139
6,516
Interest
4,301
7,588
7,881
9,311
8,354
8,197
Depreciation
12,348
13,181
15,866
16,777
18,420
18,852
Profit before tax
34,289
15,038
57,288
17,063
57,472
64,876
Tax
25%
22%
25%
19%
24%
-
Net Profit
25,727
11,704
43,161
13,789
43,677
50,040
EPS in Rs
17.78
6.93
29.55
9.63
29.81
33.46
Dividend Payout
46%
42%
40%
30%
27%
-
IOC balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
13,772
13,772
13,772
13,772
13,772
Reserves
1,69,645
1,72,716
1,83,317
2,05,746
2,19,486
Borrowings
1,32,628
1,52,271
1,46,681
1,31,822
1,39,960
Other Liabilities
1,66,639
1,68,796
1,72,703
1,78,012
2,03,943
Total Liabilities
4,82,683
5,07,554
5,16,472
5,29,352
5,77,161
Fixed Assets
1,95,998
2,01,142
2,09,847
2,08,569
2,14,886
CWIP
61,032
77,921
77,242
86,049
83,436
Investments
65,542
67,218
70,858
73,298
68,729
Other Assets
1,60,111
1,61,272
1,58,526
1,61,436
2,10,110
Total Assets
4,82,683
5,07,554
5,16,472
5,29,352
5,77,161
IOC cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
24,570
29,644
71,146
34,452
76,142
Cash from Investing Activity
-21,178
-28,030
-31,512
-31,641
-22,274
Cash from Financing Activity
-2,997
-1,794
-39,385
-3,421
-52,672
Net Cash Flow
395
-180
250
-610
1,197
Free Cash Flow
1,533
-2,524
34,453
83
48,881
CFO/OP
69%
101%
110%
104%
114%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit