Integrated Filing — IndAS



General information about company

Scrip Code 530965
NSE Symbol IOC
MSEI Symbol NOTLISTED
ISIN INE242A01010
Name of company Indian Oil Corporation Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 31-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 17-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 31-07-2026   15:00:00
End date and time of board meeting 31-07-2026   17:40:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,81,93,307.00 2,81,93,307.00
Other income 44,595.00 44,595.00
Total income 2,82,37,902.00 2,82,37,902.00
2 Expenses
(a) Cost of materials consumed 1,95,31,795.00 1,95,31,795.00
(b) Purchases of stock-in-trade 71,83,362.00 71,83,362.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (21,59,018.00) (21,59,018.00)
(d) Employee benefit expense 2,59,211.00 2,59,211.00
(e) Finance costs 1,72,953.00 1,72,953.00
(f) Depreciation, depletion and amortisation expense 4,40,815.00 4,40,815.00
(f) Other Expenses
1 Excise Duty 15,52,579.00 15,52,579.00
2 Impairment loss (including reversal of impairment loss) on Financial Assets 6,783.00 6,783.00
3 Net loss on de-recognition of financial asset at amortised cost 71.00 71.00
4 Other expenses 14,12,323.00 14,12,323.00
Total other expenses 29,71,756.00 29,71,756.00
Total expenses 2,84,00,874.00 2,84,00,874.00
3 Total profit before exceptional items and tax (1,62,972.00) (1,62,972.00)
4 Exceptional items 0.00 0.00
5 Total profit before tax (1,62,972.00) (1,62,972.00)
6 Tax expense
7 Current tax 51,058.00 51,058.00
8 Deferred tax (30,208.00) (30,208.00)
9 Total tax expenses 20,850.00 20,850.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (1,83,822.00) (1,83,822.00)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 69,713.00 69,713.00
16 Total profit (loss) for period (1,14,109.00) (1,14,109.00)
17 Other comprehensive income net of taxes (3,82,228.00) (3,82,228.00)
18 Total Comprehensive Income for the period (4,96,337.00) (4,96,337.00)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (1,63,074.00) (1,63,074.00)
Total profit or loss, attributable to non-controlling interests 48,965.00 48,965.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (5,42,398.00) (5,42,398.00)
Total comprehensive income for the period attributable to owners of parent non-controlling interests 46,061.00 46,061.00
21 Details of equity share capital
Paid-up equity share capital 14,12,124.00 14,12,124.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.18 -1.18
Diluted earnings (loss) per share from continuing operations -1.18 -1.18
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -1.18 -1.18
Diluted earnings (loss) per share from continuing and discontinued operations -1.18 -1.18
24 Debt equity ratio 0.6900 0.6900
25 Debt service coverage ratio 1.0200 1.0200
26 Interest service coverage ratio 2.5900 2.5900
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to Unaudited Consolidated Financial Results: 1. Due to non-availability of Independent Directors on the Board of the Parent Company, the Audit Committee of the Parent Company has been discontinued with effect from 28th March 2026. In view thereof, the Financial Results have been reviewed and approved by the Board of Directors in its meeting held on 31st July 2026. 2. The Financial Results have been audited by the Statutory Auditors as required under Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3. For computing Earnings Per Share, shares held under “IOC Shares Trust” of face value Rs.349.68 crore has been excluded from Paid-up Equity Share Capital. 4. The Ministry of Petroleum and Natural Gas (MoP&NG), vide letter dated 30.04.2020 had conveyed to Oil Marketing Companies (OMCs) that where Market Determined Price (MDP) of LPG cylinders is less than its Effective Cost to Customer (ECC), the OMCs will retain the difference in a separate buffer account for future adjustment. However, as on 30th June 2026, the Parent Company had a cumulative net negative buffer of Rs.29,729.95 crores. MoPNG, vide letters dated 3rd and 24th October 2025, has conveyed Government’s approval for compensation of Rs.14,486 crores to the Parent Company, towards under-recoveries incurred on sale of domestic LPG up to 31.03.2025 and likely to be incurred up to 31.03.2026 and it will be disbursed in 12 equal monthly instalments, the accrual of which shall only be on monthly basis starting from November 2025 and thereafter will be disbursed accordingly. In accordance with the letters, instalment for the period from April 2026 to June 2026 aggregating to Rs.3,621.51 crores have been recognized as Revenue from Operations in the books of account of Parent Company and the cumulative net negative buffer has been reduced to that extent. 5. The comparative figures for the quarter ended 31st March 2026 represents the derived figures between the audited figures in respect of the financial year ended 31st March 2026 and the published year-to-date reviewed figures up to 31st December 2025. 6. Figures relating to the previous periods have been regrouped wherever necessary to conform to the figures of the current period.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Petroleum Products 2,64,20,061.00 2,64,20,061.00
2 Petrochemicals 9,51,694.00 9,51,694.00
3 Gas 14,48,149.00 14,48,149.00
4 Other Business Activities 2,04,788.00 2,04,788.00
Total Segment Revenue 2,90,24,692.00 2,90,24,692.00
Less: Inter segment revenue 8,31,385.00 8,31,385.00
Revenue from operations 2,81,93,307.00 2,81,93,307.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Petroleum Products (1,70,502.00) (1,70,502.00)
2 Petrochemicals 21,685.00 21,685.00
3 Gas 52,605.00 52,605.00
4 Other Business Activities 62,457.00 62,457.00
Total Profit before tax (33,755.00) (33,755.00)
i. Finance cost 1,72,953.00 1,72,953.00
ii. Other Unallocable Expenditure net off Unallocable income (1,13,449.00) (1,13,449.00)
Profit before tax (93,259.00) (93,259.00)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Petroleum Products 3,99,97,356.00 3,99,97,356.00
2 Petrochemicals 49,88,641.00 49,88,641.00
3 Gas 14,86,826.00 14,86,826.00
4 Other Business Activities 17,43,273.00 17,43,273.00
Total Segment Asset 4,82,16,096.00 4,82,16,096.00
Un-allocable Assets 76,14,565.00 76,14,565.00
Net Segment Asset 5,58,30,661.00 5,58,30,661.00
4 Segment Liabilities
Segment Liabilities
1 Petroleum Products 1,37,77,488.00 1,37,77,488.00
2 Petrochemicals 3,47,894.00 3,47,894.00
3 Gas 8,15,941.00 8,15,941.00
4 Other Business Activities 1,99,171.00 1,99,171.00
Total Segment Liabilities 1,51,40,494.00 1,51,40,494.00
Un-allocable Liabilities 1,86,31,808.00 1,86,31,808.00
Net Segment Liabilities 3,37,72,302.00 3,37,72,302.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Notes: A. segment revenue comprises sales/income from operations (inclusive of excise duty) and other operatiing income. B. other business activities segment of the group comprises ; Oil & Gas Exploration activities, explosives and cryogenic business and wind mill and solar power generation. C. Figures relating to the previous periods have been regrouped wherever necessary to confirm to the figures of the current period.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss (4,81,097.00) (4,81,097.00)
Total Amount of items that will not be reclassified to profit and loss (4,81,097.00)
2 Income tax relating to items that will not be reclassified to profit or loss (70,962.00) (70,962.00)
3 Amount of items that will be reclassified to profit and loss
1 Amount of items that will be reclassified to profit and loss 35,039.00 35,039.00
Total Amount of items that will be reclassified to profit and loss 35,039.00
4 Income tax relating to items that will be reclassified to profit or loss 7,132.00 7,132.00
5 Total Other comprehensive income (3,82,228.00) (3,82,228.00)