Indian Oil is India’s largest integrated downstream energy company, with leadership across refining, fuel marketing, pipelines

$IOC Indian Oil is India’s largest integrated downstream energy company, with leadership across refining, fuel marketing, pipelines, petrochemicals and gas. FY26 standalone PAT surged 184% YoY to ₹36,802 crore, supported by improved refining and marketing margins and ₹6,036 crore of LPG compensation; consolidated PAT attributable to shareholders reached ₹42,096 crore. Latest News: IOC remains in focus amid global crude-market and geopolitical developments. Its diversified refining, marketing and pipeline operations provide resilience across oil cycles. As of August 7, 2026, the stock was around ₹143, with a reported FY26 dividend yield of about 5.8%. Corporate Action: IOC continues its capital-expenditure program across refining, petrochemicals, pipelines and energy-transition projects. Its strong government backing, large refining footprint and attractive dividend profile provide long-term value potential, while crude-price volatility, marketing margins and government fuel-pricing policies remain key risks.