Indian Oil Corporation Ltd reports Q2 FY27 consolidated net profit of ₹22,502.62 crore, reversing its Q1 loss
- Consolidated revenue was ₹268,039.38 crore, up 29.8% year on year; operating margin reached 11.20%.
- Standalone net profit was ₹21,630.03 crore, up 184.2% year on year, versus a Q1 loss of ₹2,661.37 crore.
- Limited-review conclusions were unmodified; auditors noted non-compliance with board-composition requirements and discontinued committees.