IndianOil Delivers Record-Breaking Performance in FY 2025-26 with Highest-Ever Throughput and Profit

Indian Oil Corporation Limited (IndianOil) has reported a stellar financial and operational performance for FY 2025-26, achieving multiple historic milestones across refining, sales, and profitability.

Record Operational Performance

IndianOil registered its highest-ever annual crude throughput at 75.451 MMT, marking a 5% increase over 71.564 MMT in FY 2024-25. The company operated at an impressive 107.4% capacity utilisation, reflecting strong operational efficiency.

Similarly, cross-country pipeline throughput reached a record 105.556 MMT, up 5% from the previous year.

Strong Growth in Sales Volumes

• Total sales volumes hit an all-time high of 105.117 MMT (↑5%)
• Domestic petroleum sales grew by 4.8%, outperforming industry growth of 4.3%
• HSD (Institutional) sales surged by 21.2%, significantly higher than industry growth of 7.2%
• Petrochemical sales increased to 3.294 MMT (↑4.4%)
• Gas sales rose by 6% to 7.276 MMT
• Export sales also grew by 6%

Financial Highlights

• Revenue from Operations: ₹8,86,224 crore (↑5% YoY)
• Net Profit: ₹36,802 crore (sharp jump from ₹12,962 crore in FY 2024-25)
• Profit growth was driven primarily by higher refining and marketing margins

Additionally, the company reduced its total borrowings by ₹23,798 crore, reflecting stronger balance sheet management.

Cost Efficiency Amid Expansion

Despite increased scale and geopolitical cost pressures, targeted revenue expenses rose modestly by just 2.5%, demonstrating disciplined cost control.

Dividend Announcement

The Board of Directors has recommended a final dividend of ₹1.25 per equity share, in addition to the ₹7 interim dividend already paid during the year.

Key Takeaways

• Record-breaking throughput, sales, and profitability
• Outperformance against industry growth in key segments
• Strong margin expansion and debt reduction
• Continued focus on operational efficiency and shareholder returns