5309652026-01-012026-03-315309652026-03-315309652025-03-315309652025-04-012026-03-315309652026-01-012026-03-31in-capmkt:OtherExpenses1Member5309652026-01-012026-03-31in-capmkt:OtherExpenses2Member5309652026-01-012026-03-31in-capmkt:OtherExpenses3Member5309652026-01-012026-03-31in-capmkt:OtherExpenses4Member5309652025-04-012026-03-31in-capmkt:OtherExpenses1Member5309652025-04-012026-03-31in-capmkt:OtherExpenses2Member5309652025-04-012026-03-31in-capmkt:OtherExpenses3Member5309652025-04-012026-03-31in-capmkt:OtherExpenses4Member5309652026-03-31OtherNoncurrentFinancialAssetsDomain15309652026-03-31OtherNoncurrentAssetsDomain15309652026-03-31OtherCurrentFinancialAssetsDomain15309652026-03-31OtherCurrentAssetsDomain15309652026-03-31OtherNoncurrentFinancialLiabilitiesDomain15309652026-03-31OtherNoncurrentLiabilitiesDomain15309652026-03-31OtherCurrentFinancialLiabilitiesDomain15309652026-03-31OtherCurrentLiabilitiesDomain15309652026-01-012026-03-31in-capmkt:ReportableSegments1Member5309652026-01-012026-03-31in-capmkt:ReportableSegments2Member5309652026-01-012026-03-31in-capmkt:ReportableSegments3Member5309652026-01-012026-03-31in-capmkt:ReportableSegments4Member5309652025-04-012026-03-31in-capmkt:ReportableSegments1Member5309652025-04-012026-03-31in-capmkt:ReportableSegments2Member5309652025-04-012026-03-31in-capmkt:ReportableSegments3Member5309652025-04-012026-03-31in-capmkt:ReportableSegments4Member5309652026-01-012026-03-31in-capmkt:ReportableSegments1Member5309652026-01-012026-03-31in-capmkt:ReportableSegments2Member5309652026-01-012026-03-31in-capmkt:ReportableSegments3Member5309652026-01-012026-03-31in-capmkt:ReportableSegments4Member5309652025-04-012026-03-31in-capmkt:ReportableSegments1Member5309652025-04-012026-03-31in-capmkt:ReportableSegments2Member5309652025-04-012026-03-31in-capmkt:ReportableSegments3Member5309652025-04-012026-03-31in-capmkt:ReportableSegments4Member5309652026-01-012026-03-31in-capmkt:ReportableSegments1Member5309652026-03-31in-capmkt:ReportableSegments1Member5309652026-01-012026-03-31in-capmkt:ReportableSegments2Member5309652026-03-31in-capmkt:ReportableSegments2Member5309652026-01-012026-03-31in-capmkt:ReportableSegments3Member5309652026-03-31in-capmkt:ReportableSegments3Member5309652026-01-012026-03-31in-capmkt:ReportableSegments4Member5309652026-03-31in-capmkt:ReportableSegments4Member5309652026-01-012026-03-31in-capmkt:ReportableSegments1Member5309652026-03-31in-capmkt:ReportableSegments1Member5309652026-01-012026-03-31in-capmkt:ReportableSegments2Member5309652026-03-31in-capmkt:ReportableSegments2Member5309652026-01-012026-03-31in-capmkt:ReportableSegments3Member5309652026-03-31in-capmkt:ReportableSegments3Member5309652026-01-012026-03-31in-capmkt:ReportableSegments4Member5309652026-03-31in-capmkt:ReportableSegments4Member5309652026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15309652025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15309652026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15309652025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15309652026-01-012026-03-31AuditorDomain15309652026-01-012026-03-31AuditorDomain25309652026-01-012026-03-31AuditorDomain35309652026-01-012026-03-31AuditorDomain4iso4217:INRxbrli:pureiso4217:INRxbrli:shares530965IOCNOTLISTEDINE242A01010Indian Oil Corporation LimitedMain BoardEquity2025-04-012026-03-312026-05-182026-05-04INRCroresQuarterlyFourth quarterMulti segment2026-05-1816:00:002026-05-1821:30:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated23689933000001774960000023867429000001108466100000517404900000-231994000002434720000018801200000555691000004939365000002195325600000191417300000019141730000051282200000-5132600000461496000000145267700000000649310000015176080000041328100000193088900000144580800000718000000018578570000073032000001412124000001010.510.50010.510.50.00530.02260.1245Notes to Consolidated Financial Results: <BR> <BR> 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 18th May 2026. <BR> <BR> 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. <BR> <BR> 3. The Statutory Auditors have issued Audit Report for Consolidated Financial Statements with unmodified opinion for the year ended 31st March 2026. <BR> <BR> 4. The Board of Directors have recommended the final dividend of Rs.1.25 per equity share (face value: Rs.10/- per equity share) in this meeting for FY 2025-26 subject to approval by the members of the Company in the Annual General Meeting. <BR> <BR> 5. 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 31st March 2026, the Parent Company had a cumulative net negative buffer of Rs.23,101.56 crores (2025: Rs.19,926.09 crores). <BR> <BR> 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 November-25 to March-26 aggregating to Rs.6,035.85 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. <BR> <BR> 6. In the end of February 2026, conflict arose in Middle East region leading to supply uncertainties and resultant volatility in the price of crude oil and petroleum products in the international market. The profitability for the year 2025-26 was largely insulated from the impact of these developments due to inventory procured at normal prices before the conflict. <BR> <BR> 7. Inventories include 3 crude oil shipments valuing Rs.5,411.83 crores and 5 LPG shipments valuing Rs.618.64 crores, which were waiting in the Arab Gulf / Persian Gulf region as on 31st March 2026. These shipments were adequately covered through insurance, and all 5 LPG shipments have been received as on 18th May 2026. <BR> <BR> 8. During the year, the non-fossil / off-gas based fuel production facilities have been recognised as independent Cash Generating Units (CGUs) based on the prevailing market conditions and impairment loss of Rs. 1,212.42 crores has been recognised against these CGUs during the quarter. <BR> <BR> 9. The Government of India has notified four Labour Codes, namely the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, with effect from 21st November 2025, which consolidates 29 existing labour laws. The rules have been recently notified, and no material liability is envisaged in this regard. <BR> <BR> 10. Consequent to the favourable orders from Hon'ble Supreme Court and Gujarat VAT Tribunal on the subject of VAT Input Tax Credit under Gujarat VAT Act 2005, provision created in earlier years in the books of Parent Company were reversed during the relevant period in previous year and the same was disclosed as an Exceptional Item. <BR> <BR> 11. The Equity Share Capital in the Statement of Assets and Liabilities excludes shares held under “IOC Shares Trust” of face value Rs.349.68 crore and the same is not considered as part of Paid-up Equity Shares for computing Earnings Per Share. <BR> <BR> <BR> 12. The figure for the quarter ended 31st March 2026 and 31st March 2025 represent the derived figures between the audited figures in respect of the Financial Year ended 31st March 2026 and 31st March 2025 as well as the published year-to-date reviewed figures up to 31st December 2025 and 31st December 2024 respectively, being the date of the end of the 3rd quarter of the respective Financial Year. <BR> <BR> 13. Figures relating to the previous periods have been regrouped wherever necessary to conform to the figures of the current period. <BR> 2025-04-012026-03-31AuditedConsolidated9014527000000416299000009056156900000433584370000019397716000005562280000011434580000083078800000184202400000179832660000085111917000005449652000000544965200000134092500000385510000013794760000004070176000000002975560000043677320000047314800000484088000000420962600000158106000004680445000001604350000014121240000010205745990000030.5730.570030.5730.570.00530.02410.0881Excise duty286100700000Impairment loss (including reversal of impairment loss) on Financial Assets6587200000Net loss on de-recognition of financial asset at amortised cost42600000Other expenses201206000000Excise duty1170372700000Impairment loss (including reversal of impairment loss) on Financial Assets11299900000Net loss on de-recognition of financial asset at amortised cost56900000Other expenses616597100000204472870000082896790000001040000040953700000315266000000250090800000411519100000033573100000257206000004708128000001364020000040710800000372144190000011713272000007136540000014634830000018330800000258158000006985800000465846000003154307000004690000064947600000155175240000016355300000052895496000001377156000002057459900000219517550000060295600000225547110000063652100000000023901000006389111000001441640000021615850000005253450000092202050000068170290000015239600000558447300000573686900000540633100000179602290000020083720000010506110000097825000002111703700000354300000030340785000005289549600000Other non-current financial assets25720600000Other non-current assets40710800000Other current financial assets46584600000Other current assets64947600000Other non-current financial liabilities2390100000Other non-current liabilities52534500000Other current financial liabilities540633100000Other current liabilities200837200000Petroleum Products2202180100000Petrochemicals80108000000Gas113772700000Other Business Activities16698600000Petroleum Products8421953000000Petrochemicals281020200000Gas445121500000Other Business Activities52878000000241275940000092009727000004376610000018644570000023689933000009014527000000Petroleum Products216649500000Petrochemicals12091300000Gas-11452600000Other Business Activities207000000Petroleum Products612270300000Petrochemicals10150200000Gas-2549100000Other Business Activities45574000002174952000006244288000001880120000083078800000783600000-33370800000197910400000574720800000Petroleum Products3721189600000Petrochemicals452245700000Gas141257500000Other Business Activities16707310000044817659000008077837000005289549600000Petroleum Products1372005300000Petrochemicals28883400000Gas58093800000Other Business Activities18613200000147759570000015564828000003034078500000Notes: <BR> A. segment revenue comprises sales/income from operations (inclusive of excise duty) and other operatiing income. <BR> B. other business activities segment of the group comprises ; Oil & Gas Exploration activities, explosives and cryogenic business and wind mill and solar power generation. <BR> C. Figures relating to the previous periods have been regrouped wherever necessary to confirm to the figures of the current period.83078800000-32968500000001933700000000000602643000000184202400000112999000001405010000000048264700000152862000001983890000005146500000-2975560000000-39322300000033058010000087554530000000011412450000007614208000000035161300000622050000002367700000000110186000002836273000000000000000135800000000310300000112120000000231894000001924880000000-22273780000000000000154943300000427455900000318313000001370244000008534740000000-52671570000011967300000011967300000636350000018330800000Amount of items that will not be reclassified to profit and loss4318750000043187500000Amount of items that will not be reclassified to profit and loss389476000003894760000062591000005717100000Amount of items that will be reclassified to profit and loss32251000003225100000Amount of items that will be reclassified to profit and loss1289930000012899300000-1174600000-11850000004132810000047314800000AuditedtrueM/s Khandelwal Jain & Cotrue2028-08-31M/s K G Somani & Co LLPtrue2028-06-30M/s M K P S & Associates LLPtrue2028-12-31M/s Komandoor & Co LLPtrue2027-09-30