Indian Oil Corporation Q1 FY26 Results (Apr–Jun 2025)

📌 Net Profit: ₹6,808.12 crore (+83% YoY) vs ₹3,722.63 crore in Q1 FY25 📌 Revenue: ₹2.22 trillion (~1% YoY growth) vs ₹2.20 trillion 📌 Expenses: ₹2.15 trillion (-0.6% YoY) 📌 Refinery Throughput: 18.683 MMT with 107% capacity utilization (vs 18.168 MMT YoY) 📌 Sales Volume: Highest-ever quarterly sales at 26.3 MMT (+4% YoY) Petroleum products: 22.4 MMT (+4% YoY) Petrochemicals: 0.8 MMT (+10% YoY) Exports: 1.36 MMT (+14% YoY; mainly diesel & naphtha) 📌 Profit Drivers: Higher refining & marketing margins boosted profits Offset partially by inventory losses (vs inventory gains last year) 📌 Russian Oil Imports: Q1 FY26: ~24% of crude basket (vs 30% last year) CMD clarified: imports are economics-driven, not politically influenced 📌 Stock Reaction: IOC shares closed at ₹140.15 (+1.6%) on BSE post-results ✅ Key Takeaway: IOC delivered strong profit growth despite flat revenues, aided by robust refining margins, record sales, and stable Russian oil imports. Inventory losses capped upside, but refining efficiency (107% utilization) remains a major positive. #IOCL #Stocks #IndianMarket