14
Aug
Indian Oil, the country's largest state-run oil refiner, on Thursday, August 14, reported a net profit of ₹5,689 crore for the current financial year (Q1FY26), up 115% from ₹2,643 crore in the same period last year. However, on a sequential basis, its net profit was down 22% from ₹7,265 crore in the previous quarter. Indian Oil's operating revenue during the first quarter rose 1% to ₹2.19 lakh crore from ₹2.16 lakh crore in the same quarter a year ago. The company reported strong operating performance as its EBITDA (earnings before interest, tax, depreciation and amortisation), also called operating profit, grew…
