Indian Oil Corporation (IOC) reported its earnings for the first quarter of the financial year 2026-2027. The state-owned company posted a loss of Rs 1,631 crore in the reporting quarter against profit of Rs 1,458 in the previous quarter.
Revenue rose 29.9 per cent QoQ to Rs 2.66 lakh crore in Q1 FY27 against Rs 2.08 lakh crore in the March quarter.
EBITDA came in at Rs 4062 crore in Q1 FY27, down from Rs 24,803 crore in the previous quarter. EBITDA margin in Q1 FY27 was at 1.5% against 11.9% in Q4 FY26.
(This is a breaking copy. It will be updated soon)
