Indian Oil Corporation (IOC) reported strong Q4 2026 financial results, with EPS of 6.15, surpassing the forecast of 5.1 by 20.59%. Revenue came in at INR 2.205 trillion, slightly below the expected INR 2.273 trillion.
Despite the revenue miss, the market reacted positively, with the stock rising 2.42% to INR 131.81. The company achieved record annual crude throughput of 75.5 million metric tons, with capacity utilization at 107.4%.
Profit after tax for FY 2025-2026 reached INR 36,802 crore, a 184% increase from the previous year. IOC's management highlighted resilience amid geopolitical disruptions and confirmed strategic initiatives for sustained growth.
The company targets additional savings of INR 2,500 crore through Project SPRINT in FY 2026-2027 and continues investments in renewable energy and green hydrogen.
