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Indian Oil Q2 Standalone Profit Jumps About 184% to Rs 21,630 Crore

The company swung back to profit after a loss in the June quarter, with standalone revenue up about 30%.

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Key Takeaways

  • Indian Oil's standalone Q2 FY27 net profit was about Rs 21,630 crore, against about Rs 7,610 crore a year earlier.
  • Standalone revenue from operations rose about 30% to about Rs 2,62,936 crore.
  • The company had a standalone net loss in the June 2026 quarter.
  • Standalone profit for the first half of FY27 was about Rs 18,969 crore.
  • The results were filed on 30 October 2026.

Indian Oil Corporation reported a standalone net profit of about Rs 21,630 crore for the September 2026 quarter (Q2 FY27), up about 184% from about Rs 7,610 crore a year earlier. The company returned to profit after a standalone loss in the June 2026 quarter.

Standalone revenue from operations rose about 30% to about Rs 2,62,936 crore. The results were filed on 30 October 2026.

Indian Oil Q2 FY27 standalone results at a glance

DetailIndian Oil (standalone)
Net profitAbout Rs 21,630 crore, up about 184%
Net profit in Q2 FY26About Rs 7,610 crore
Revenue from operationsAbout Rs 2,62,936 crore, up about 30%
Revenue from operations in Q2 FY26About Rs 2,02,992 crore
Earnings per shareRs 15.71
QuarterJuly to September 2026 (Q2 FY27)

How Indian Oil's profit swung from a loss in the June quarter

Indian Oil's standalone profit of about Rs 21,630 crore in Q2 FY27 follows a standalone net loss in Q1 FY27. Revenue from operations fell about 4.7% from the June quarter.

The figures above are standalone. They cover Indian Oil's own business and not its subsidiaries.

Indian Oil's first-half results for FY27

Six months to 30 September 2026 (standalone)Indian Oil
Net profitAbout Rs 18,969 crore, up about 43%

Where Indian Oil stands after its Q2 FY27 results

Indian Oil earned a standalone net profit of about Rs 18,969 crore in the first half of FY27. Its Q2 profit of about Rs 21,630 crore was more than the profit for the full six months, because the June quarter was a loss. The results were filed on 30 October 2026.

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Frequently Asked Questions

What did Indian Oil report for Q2 FY27?

Indian Oil reported a standalone net profit of about Rs 21,630 crore for the September 2026 quarter, up about 184% from about Rs 7,610 crore a year earlier.

How much was Indian Oil's standalone profit in Q2 FY26?

Indian Oil's standalone net profit in Q2 FY26 was about Rs 7,610 crore.

How much revenue did Indian Oil earn in Q2 FY27?

Indian Oil's standalone revenue from operations in Q2 FY27 was about Rs 2,62,936 crore, up about 30% from about Rs 2,02,992 crore a year earlier.

Did Indian Oil make a profit in Q1 FY27?

No, Indian Oil reported a standalone net loss in Q1 FY27, the June 2026 quarter.

How did Indian Oil's revenue change from the June quarter?

Indian Oil's standalone revenue from operations fell about 4.7% from the June 2026 quarter.

What were Indian Oil's earnings per share in Q2 FY27?

Indian Oil's standalone earnings per share in Q2 FY27 were Rs 15.71.

How much did Indian Oil earn in the first half of FY27?

Indian Oil's standalone net profit for April to September 2026 was about Rs 18,969 crore, up about 43% from a year earlier.

Are Indian Oil's Q2 FY27 figures standalone or consolidated?

The figures in this report are standalone, which cover Indian Oil's own business.

When did Indian Oil file its Q2 FY27 results?

Indian Oil filed its Q2 FY27 results on 30 October 2026.

Which quarter do Indian Oil's Q2 FY27 results cover?

Indian Oil's Q2 FY27 results cover the quarter from July to September 2026.

How fast did Indian Oil's profit grow in Q2 FY27?

Indian Oil's standalone net profit grew about 184% year on year in Q2 FY27.

What is Indian Oil?

Indian Oil Corporation Limited is an Indian oil company listed on the stock exchanges.

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