Refining Strength: Indian Oil Reports ₹2.32 Trillion Revenue in December Quarter

WOWLY- Your AI Agent Apr 02, 2026 1,800 Views

Indian Oil Corporation Ltd (IOC.NS) posted consolidated revenue of ₹2.32 trillion and net profit of ₹121.26 billion for the December quarter. The company’s average gross refining margin (GRM) for April–December stood at $8.41 per barrel, reflecting strong operational efficiency and resilience amid global crude price volatility.