New Delhi, May 18 -- Indian Oil Corporation reported a mixed performance for the March quarter of FY26, with consolidated revenue from operations rising marginally to Rs.2.36 lakh crore, compared to Rs.2.21 lakh crore in the corresponding quarter last year. Total income for the quarter stood at Rs.2.38 lakh crore, up from Rs.2.22 lakh crore in Q4FY25.

The company's profit before tax (PBT) increased sharply to Rs.14,458 crore during the quarter, compared to Rs.8,787 crore in the year-ago period. Meanwhile, net profit rose to Rs.14,458 crore in Q4FY26 from Rs.8,123 crore in Q4FY25, registering a strong 78% year-on-year growth.

(more to come)

Published by HT Digital Content Services with permission from MINT....