Mumbai, May 20 -- However, net sales (excluding excise duty) rose 6.71% year on year (YoY) to Rs 1,18,649.38 crore in the March 2026 quarter.

Profit before tax (PBT) marginally shed 0.10% YoY to Rs 4,257.96 crore during the quarter.

Total expenses increased 4.71% YoY to Rs 1,27,353.05 crore in Q4 FY26. The cost of materials consumed stood at Rs 54,264.27 crore (down 6.51% YoY), while employee benefits expenses jumped 52.03% YoY to Rs 1,119.68 crore during the period under review.

In Q4 FY26, refinery throughput stood at 10.40 million metric tonnes (MMT), down 1.70% from 10.58 MMT in Q4 FY25. Domestic sales increased 3.27% YoY to 13.86 MMT in Q4 FY26 compared with 13.42 MMT in Q4 FY25.

Domestic market sales growth stood at 3.28% in Q4 ...