Revenue from operations (excluding excise duty) climbed 39.96% YoY to Rs 2,50,361.04 crore in the quarter ended 30th September 2026.

Profit before tax (PBT) soared 164.43% YoY to Rs 26,616.62 crore in Q2 FY27.

Refineries throughput rose 2.83% YoY to 18.108 MMT, while pipeline throughput increase 5.24% YoY to 25.348 MMT in Q2 FY27.

Indian Oil Corporation is a Maharatna PSU under the Government of India, with operations spanning the entire hydrocarbon value chain, including refining, pipeline transportation, and marketing of petroleum products, as well as exploration and production, natural gas, and petrochemicals.