IOC Q1 FY26 Outcomes: Indian Oil Company (IOC) — a public sector oil advertising firm (OMC) — on Thursday reported a web revenue of Rs 5,689 crore for the quarter ended June 30, marking a 21.7 per cent quarter-on-quarter fall that was worse than analysts had anticipated.
The PSU oil large’s income got here in at Rs 1.93 lakh crore for the primary quarter of the present monetary 12 months, as towards Rs 1.95 lakh crore for the earlier three months, based on a regulatory submitting.
In line with Zee Enterprise analysis, IOC was estimated to register a web revenue of Rs 8,452 crore and income of Rs 1.8 lakh crore for the April-June interval.
The oil advertising firm’s working revenue declined 7.1 per cent sequentially to Rs 12,607 crore.
Its margin — a key measure of profitability — got here in at 6.5 per cent for the June quarter, sliding from 7.0 per cent the earlier quarter.
Indian Oil shares remained below strain after the earnings announcement, falling as a lot as 1.7 per cent to Rs 140 apiece on BSE, in a sluggish Mumbai market.