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Indian Oil Corporation Ltd

Q2 FY27Petroleum Products

Indian Oil Corporation Q2 Results 2026 (FY27): Revenue ₹2,68,039.38 Cr, PAT ₹16,286 Cr

Q2 FY27 results statement: what the company reported on revenue, margins and capex.

Price₹130
Market cap₹1.8L Cr
P/E5.5
Updated30 Oct 2026
Read4 min read

Indian Oil Corporation Ltd Q2 FY27 key numbers

Revenue
Revenue from Operations (Quarter ended 30.09.2026, Consolidated): ₹2,68,039.38 Crore, up from ₹2,06,447.11 Crore in Q3 2025 (YoY increase of ~29.9%).

As stated in Indian Oil Corporation Ltd's Q2 FY27 results statement · published 30 Oct 2026. Reported figures, not investment advice.

Based on Indian Oil Corporation Ltd's Q2 FY27 results statement. The company has not published an earnings-call transcript for this quarter, so figures here are what the results statement reports, not management guidance.

The short version

Revenue from Operations (Quarter ended 30.09.2026, Consolidated): ₹2,68,039.38 Crore, up from ₹2,06,447.11 Crore in Q3 2025 (YoY increase of ~29.9%). EBITDA (Quarter ended 30.09.2026): ₹30,912 crore (Page 20) - YoY increase of 23% (from ₹25,102 crore in Q2 FY26) - Operating Margin (Quarter ended 30.09.2026): 11.20% (Page 19, Consolidated) - YoY increase from 6.17% in Q2 FY26 to 11.20% in Q2 FY27 - Profit After Tax (PAT) (Quarter ended 30.09.2026): ₹16,286 crore (Page 20) - YoY increase of 192% (from ₹5,560 crore in Q2 FY26) - Explicit Margin Outlook:

From Indian Oil Corporation Ltd's Q2 FY27 earnings-call transcript · updated 30 Oct 2026.

Revenue & Sales Performance

  • Revenue from Operations (Quarter ended 30.09.2026, Consolidated): ₹2,68,039.38 Crore, up from ₹2,06,447.11 Crore in Q3 2025 (YoY increase of ~29.9%).
  • Standalone Revenue from Operations (Quarter ended 30.09.2026): ₹2,62,935.58 Crore, up from ₹2,02,992.34 Crore in Q3 2025 (YoY increase of ~29.5%).
  • Segment-wise Revenue (Q3 2026 vs Q3 2025):
  • Petroleum Products: ₹2,45,995.64 Crore vs ₹1,92,282.61 Crore (~27.9% increase)
  • Petrochemicals: ₹10,041.34 Crore vs ₹6,391.35 Crore (~57.2% increase)
  • Gas: ₹16,755.33 Crore vs ₹11,134.78 Crore (~50.5% increase)
  • Physical Performance (Standalone):

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Profitability & Margins

See what Indian Oil Corporation Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The investor presentation mentions the following regarding capex, capacity expansion, and new projects: - Refinancing of existing borrowings and/or funding capital expenditure with Rs. 17,000 crore raised and fully utilized as of the quarter ended Sept 30, 2026. - Capital expenditure detailed in Statement of Cash Flows (Page 17) includes: - Purchase of Property, Plant & Equipment and Intangible Assets: Rs. 2,207.78 crore (6 months ended Sept 30, 2026).

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Top-ranked in Petroleum Products

Ranked on what management guided this quarter

Guidance-ranked
1Continental Petroleums Ltd
Rev 2Mar 1
2Arabian Petrol.
Rev 2Mar 2
3
Rev 3Mar 2
4
Rev 3Mar 3
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

See what Indian Oil Corporation Ltd said on order book & pipeline — free account, 30 seconds.

Indian Oil Corporation Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹2.5L Cr, net profit ₹22.5K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What I O C L's management said in earlier quarters

Others in Petroleum Products this season

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    42,264.49 lakhs (approximately 44% increase) . Key results statement takeaways from Gulf Oil Lubricants India Ltd's Q2 FY27 results statement — and how it ranks

  • Kotyark Industries Ltd (Q2 FY27)

    1,240.77 Lakhs (about 22.62%). Key results statement takeaways from Kotyark Industries Ltd's Q2 FY27 results statement — and how it ranks against sector peers.

  • Gandhar Oil Refinery (India) Ltd (Q2 FY27)

    Revenue from operations for Q2 FY27: ₹1,846.6 Cr, up 73% YoY from ₹1,068.1 Cr in Q2 FY26 (Page 22). Key investor presentation takeaways from Gandhar Oil Refiner

  • Castrol India Ltd (Q2 FY27)

    3Q 2026 Revenue from Operations:** ₹1,735 crore, up 27% YoY (3Q 2025: ₹1,363 crore). Key results statement takeaways from Castrol India Ltd's Q2 FY27 results st

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Frequently Asked Questions

What were Indian Oil Corporation Ltd Q2 FY27 results?

Revenue from Operations (Quarter ended 30.09.2026, Consolidated): ₹2,68,039.38 Crore, up from ₹2,06,447.11 Crore in Q3 2025 (YoY increase of ~29.9%). EBITDA (Quarter ended 30.09.2026): ₹30,912 crore (Page 20) - YoY increase of 23% (from ₹25,102 crore in Q2 FY26) - Operating Margin (Quarter ended 30.09.2026): 11.20% (Page 19, Consolidated) - YoY increase from 6.17% in Q2 FY26 to 11.20% in Q2 FY27 - Profit After Tax (PAT) (Quarter ended 30.09.2026): ₹16,286 crore (Page 20) - YoY increase of 192% (from ₹5,560 crore in Q2 FY26) - Explicit Margin Outlook:

What is Indian Oil Corporation Ltd share price analysis?

Indian Oil Corporation Ltd currently shows a neutral. The stock trades at a P/E of 5.5 with a market cap of ₹183,788 Cr. Investors should review the full earnings analysis for detailed insights.

Is Indian Oil Corporation Ltd planning capital expenditure?

The results statement mentions the following regarding capex, capacity expansion, and new projects: - Refinancing of existing borrowings and/or funding capital expenditure with Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's results statement. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.