Indian Oil Corporation Reports Q4FY26 Results: PAT Jumps 78% YoY, Announces Rs 1.25 Dividend

The Indian equity markets traded higher on Tuesday, with the benchmark Nifty 50 index rising 0.45 per cent to 23,755.80 during the session. Oil marketing and energy stocks remained in focus amid developments in global crude oil prices and domestic fuel demand. In this segment, Indian Oil Corporation (IOC) share price gained 2.42 per cent to Rs 135.00 after the company announced its Q4FY26 and FY26 consolidated financial results along with a final Dividend recommendation.

Indian Oil Corporation Q4FY26 Results

Indian Oil Corporation reported consolidated revenue from operations of Rs 2,36,899.33 crore in Q4FY26 as against Rs 2,21,360.24 crore reported in Q4FY25, registering a growth of around 7 per cent YoY. Total income stood at Rs 2,38,674.29 crore during the quarter compared to Rs 2,22,598.08 crore reported in the corresponding quarter previous year, reflecting a growth of around 7.2 per cent YoY.

Profit before Tax stood at Rs 19,791.04 crore in Q4FY26 compared to Rs 10,044.65 crore reported in Q4FY25, registering a growth of around 97 per cent YoY.

Profit for the period attributable to equity holders of the parent came in at Rs 14,458.08 crore during Q4FY26 as against Rs 8,123.64 crore reported in the corresponding quarter previous year, reflecting a growth of around 78 per cent YoY. Earnings per share stood at Rs 10.50 during Q4FY26 compared to Rs 5.90 reported in Q4FY25, registering a growth of around 78 per cent YoY.

Indian Oil Corporation FY26 Annual Performance

For the financial year ended March 31, 2026, Indian Oil Corporation reported consolidated revenue from operations of Rs 9,01,452.70 crore as against Rs 8,59,362.73 crore reported in FY25, registering a growth of around 4.9 per cent YoY. Total income stood at Rs 9,05,615.69 crore during FY26 compared to Rs 8,62,876.46 crore reported in the previous financial year, reflecting a growth of around 5 per cent YoY.

Profit before tax for FY26 stood at Rs 57,472.08 crore compared to Rs 17,063.45 crore reported in FY25, registering a growth of around 237 per cent YoY.

Profit for the period attributable to equity holders of the parent came in at Rs 42,096.26 crore during FY26 as against Rs 13,597.84 crore reported in FY25, reflecting a growth of around 210 per cent YoY. Earnings per share stood at Rs 30.57 in FY26 compared to Rs 9.87 reported in FY25, registering a growth of around 210 per cent YoY.

Dividend Announcement

The Board of Directors recommended a final dividend of 12.5 per cent, translating into Rs 1.25 per equity share of face value Rs 10 each for FY26, subject to approval of shareholders at the ensuing Annual General Meeting. The company stated that the final dividend would be paid within 30 days from the date of declaration at the AGM.

Key Developments

Indian Oil Corporation stated that the Ministry of Petroleum and Natural Gas approved compensation of Rs 14,486 crore towards LPG under-recoveries incurred up to March 31, 2025 and likely to be incurred up to March 31, 2026. The company recognised Rs 6,035.85 crore as revenue from operations between November 2025 and March 2026 following the approval.

The company also stated that inventories included three crude oil shipments valued at Rs 5,411.83 crore and five LPG shipments valued at Rs 618.64 crore waiting in the Arab Gulf/Persian Gulf region as on March 31, 2026 amid geopolitical developments in the Middle East region. IOC added that all five LPG shipments had been received as on May 18, 2026.

During the quarter, the company recognised an impairment loss of Rs 1,212.42 crore against non-fossil and off-gas based fuel production facilities based on prevailing market conditions.

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Disclaimer: This article is for informational purposes only and not investment advice.