Indian Oil announced a 174% year‑on‑year rise in consolidated net profit for the July‑September quarter of FY27, lifting earnings to ₹21,408 crore, up from ₹7,818 crore in the same period last year. The jump follows a 29.8% increase in core‑operation revenue to ₹2,68,039 crore, up from ₹2,06,447 crore previously.

Operating margins improved by more than 500 basis points, reflecting stronger profitability across the group. The petroleum products segment also posted healthy growth, contributing to the overall earnings surge. Investors are expected to scrutinise the company’s performance on Monday, 2 November, as the stock enters a key review period following the earnings release.

According to the latest NSE filing, Indian Oil’s consolidated net profit attributable to owners rose to ₹21,408 crore in Q2 FY27. The company posted its earnings after market operating hours on Friday, 30 October 2026, signalling a robust financial performance for the quarter.

This development remains ongoing, with further updates expected. The article is purely informational and does not constitute investment advice. Readers should consult a financial advisor before making any investment decisions regarding Indian Oil or related securities.