IOC Q3 Results: Maharatna oil PSU's profit jumps four-fold to ₹12,126 crore on refining margin boost
Refining margins surged on low prices of crude oil, the raw material IOC uses to make fuels like petrol and diesel. Fuel sales also rose 5 per cent in the quarter.
State-run refiner Indian Oil Corporation (IOCL) reported a stellar standalone net profit of ₹12,125.86 crore for Q3 FY26, marking a four-fold jump from the previous year ...
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IOC Q3 results: Profit jumps four-fold to Rs 12,126 crore on refining margin boost
Pre-tax earnings from fuel sales jumped four times to Rs 16,836.08 crore, while income from gas business also increased 34% to Rs 596.45 crore.
Indian Oil Corporation (IOC) reports a four-fold surge in net profit due to higher refining and marketing margins. Details on ...
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