By: ICN Bureau
Last updated : August 15, 2025 7:18 pm
Improvement in net profit is mainly on account of higher refining and marketing margins
IndianOil reported Revenue from Operations of Rs. 2, 18,608 crores in Q1 25-26 as compared to Rs. 2, 15,989 crores in Q1 24-25. The Net Profit for Q1 25-26 is Rs. 5,689 crores as compared to Rs. 2,643 crores in the corresponding quarter of previous year.
Improvement in net profit is mainly on account of higher refining and marketing margins being set off to some extent by inventory losses in Q1 25-26 as compared to inventory gains in Q1 24-25.
At the group level, IndianOil reported Revenue from Operations of Rs. 2, 21,849 crores in Q1 25-26 as compared to Rs. 2, 19,864 crores in Q1 24-25. The Net Profit for Q1 25-26 is Rs. 6,808 crores as compared to Rs. 3,723 crores in the corresponding quarter of previous year.
Refineries throughput for Q1 25-26 is 18.683 MMT with 107% capacity utilisation as compared to 18.168 MMT in Q1 24-25. IndianOil’s cross country pipelines achieved throughput of 26.256 MMT in Q1 25-26 as compared to 25.811 MMT in Q1 24-25 improving by 2%.
The gross refining margin (GRM) for Q1 25-26 is $ 2.15 per bbl as compared to $ 6.39 per bbl in Q1 24-25. However, normalised GRM for Q1 25-26 is $ 6.91 per bbl as compared to $ 2.84 per bbl in Q1 24-25.