IOC Q1 Results: Profit of the giant oil marketing company fell by 22% - impact on shares

News Topical, Digital Desk : The country's largest oil marketing company Indian Oil Corporation Limited (IOC) has released its quarterly results on Thursday. In the information given to the exchange, the company said that in the first quarter of the financial year 2026 ending in June 2025, the company's profit has seen a decline on a quarterly basis. The company said that the average gross refining margin stood at $ 2.15 per barrel. IOC's profit declined to Rs 5689 crore in this quarter from Rs 7265 crore in the previous quarter. This decline in the company's profit is 22 percent. However, the market estimate was of a profit of Rs 7374 crore.

During the June quarter, the company's income also declined to Rs 1.93 lakh crore, from Rs 1.95 lakh crore in the previous quarter. However, this was better than the market estimate of Rs 1.80 lakh crore. The company's EBITDA declined by 7 percent to Rs 12607 crore, from Rs 13,571 crore in the previous quarter. At the same time, EBITDA margin has come down from 7 percent quarter-on-quarter to 6.53 percent. 

Share performance The company's stock was trading at Rs 141.54 with a decline of 0.73 percent till the time of writing the news on Thursday. The company's shares have declined by 13.56 percent in the last one year.

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