Board Meeting Outcome for Outcome of The Board Meeting: (i) Audited Financial Results (Standalone and Consolidated) for the quarter and year ended 31st March 2026 (ii) Final Dividend for ....
IOC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indian Oil Corporation reported strong FY2026 results with standalone net profit of ₹36,802.42 crore, a 183.8% jump from ₹12,961.57 crore in FY2025. Revenue from operations grew 4.8% to ₹8,86,224.41 crore. The company benefited from government compensation of ₹14,486 crore for LPG under-recoveries. EBITDA margin expanded significantly from 2.11% to 5.84%. The Board recommended a final dividend of ₹1.25 per share (12.5%). However, the company faced governance issues with no Independent Directors on board since March 28, 2026, causing Audit Committee and other committees to be discontinued. Geopolitical tensions in the Middle East affected operations with 3 crude oil and 5 LPG shipments waiting at Arab Gulf. The company also recognized impairment loss of ₹1,219.57 crore on investment in IndOil Global B.V.
The massive PAT growth and margin expansion are strongly positive for shareholders. However, governance concerns around missing Independent Directors and geopolitical exposure present risks. The stock appears fundamentally strong with debt-equity ratio improving to 0.54.