Indian Oil Corporation Ltd reports Q2 consolidated net profit of ₹22,502.62 crore, versus a ₹1,241.09 crore Q1 loss
- Revenue was ₹2,68,039.38 crore, down 5.0% sequentially and up 29.8% year on year; operating margin was 11.20%.
- Profit rose 174.7% year on year from ₹8,190.86 crore.
- Revenue includes ₹7,243.02 crore of LPG compensation recognized for April–September 2026.
- Auditors issued unmodified limited-review conclusions, while noting board composition and committee non-compliance; some subsidiary and JV information was not reviewed.