IOC Q3 Results: 59% jump in profits of this government company, strong improvement in margins too:On a consolidated basis, the company's profit, earnings and operating margin have seen a significant increase.

News Topical, Digital Desk : Indian Oil Corporation (IOC), the country's largest oil marketing company, reported a strong quarter-on-quarter (QoQ) performance in the third quarter (Q3) of the 2025-26 fiscal year. On a consolidated basis, the company's profit, revenue, and operating margin all saw significant increases.

Q3 vs Q2 (QoQ) Consolidated Performance

Consolidated profit increased from ₹7,610 crore to ₹12,125 crore
Consolidated earnings increased from ₹1.78 lakh crore to ₹2.04 lakh crore
EBITDA increased from ₹14,583 crore to ₹20,825 crore
EBITDA margin increased from 8.2% to 10.2%

Key Reasons Behind Results Improvement in refining margins, strong fuel demand, and operational efficiency were key factors behind the company's strong quarterly results. This strengthening of margins directly impacted IOC's profitability, leading to a sharp jump in EBITDA and net profit.

Forward Outlook According to analysts, stable domestic fuel demand and improvement in the refining and marketing segments could be supportive for IOC in the coming quarters. However, investors will continue to monitor crude oil prices and government policies.

Dividend History The company has not declared any dividend for the third quarter. The company's most recent dividend was declared in December 2025, an interim dividend of ₹5 per share (50%) for FY26, with a record date of December 18, 2025, and payment due by January 11, 2026. Earlier in FY26, a dividend of ₹3 per share was declared in August 2025.