Inter State Oil Carrier FY26 net profit rises 67.8% to ₹192 crore

1 min read Updated on 27 May 2026, 01:08 PM

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Jubin VScanX News Team

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Inter State Oil Carrier Limited reported a 67.8% increase in net profit to ₹191.99 crore for FY26, with revenue rising 22.1% to ₹10,758.22 crore. Q4 net profit surged to ₹120.90 crore. The Board approved the results, re-appointed auditors, and did not recommend a dividend.

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Inter State Oil Carrier Limited reported a 67.8% increase in net profit to ₹191.99 crore for the financial year ended March 31, 2026, compared to ₹114.42 crore in the previous year. Revenue from operations rose 22.1% to ₹10,758.22 crore from ₹8,814.82 crore in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 25, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹120.90 crore, a significant increase from ₹14.07 crore in the same period last year. Revenue for the quarter stood at ₹3,067.22 crore, up from ₹2,300.74 crore in Q4FY25. Total income for the year reached ₹10,866.86 crore.

Particulars	Year Ended 31.03.26 (₹ in Lakhs)	Year Ended 31.03.25 (₹ in Lakhs)
Revenue from Operations	10,758.22	8,814.82
Total Income	10,866.86	8,856.24
Total Expenses	10,592.08	8,700.34
Net Profit for the Period	1,919.99	1,144.20
Earnings Per Share (Basic) (₹)	3.85	2.29

Board Decisions

The Board did not recommend any dividend for the financial year ended March 31, 2026. M/s. Rantu Das & Associates were re-appointed as the Secretarial Auditor, and Mr. Sudhir Kumar Jha was re-appointed as the Internal Auditor for the financial year 2026-2027. The Board also revised the Nomination and Remuneration Policy of the company.

Auditor and Compliance

M/s. Patni & Co., Chartered Accountants, audited the standalone financial results and issued an unmodified opinion. The company confirmed the non-applicability of the Statement of Deviation or Variation under Regulation 32(1) and Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the relevant periods.

Historical Stock Returns for Inter State Oil Carrier

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.13%	-3.40%	+20.30%	+25.20%	+21.50%	+194.21%

What strategic initiatives will Inter State Oil Carrier pursue to sustain the significant profit growth observed in FY26?

How will the company utilize the retained earnings given the Board's decision to not declare a dividend?

What are the expected capital expenditure plans for FY27 to support the increased operational scale?

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Inter State Oil Carrier exempt from related party transaction disclosure norms for FY26

1 min read Updated on 25 May 2026, 11:22 PM

Reviewed by

Riya DScanX News Team

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Inter State Oil Carrier Limited is exempt from related party transaction disclosures for the half year ended March 31, 2026, as its paid-up capital and net worth are below the SEBI-mandated thresholds of ₹10 crore and ₹25 crore respectively.

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Inter State Oil Carrier Limited is exempt from disclosing related party transactions for the half year ended March 31, 2026, due to its capital structure falling below regulatory thresholds. The company confirmed that its paid-up equity share capital and net worth as of the last day of the previous financial year do not trigger the compliance requirements for such disclosures.

The exemption is granted under Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation specifies that certain corporate governance provisions, including Regulation 23(9) regarding related party transactions, do not apply to listed entities with a paid-up equity share capital not exceeding ₹10 crore and a net worth not exceeding ₹25 crore.

According to the audited financial statement for the financial year ended March 31, 2026, Inter State Oil Carrier Limited reported a paid-up equity share capital of ₹4,99,23,000 and a net worth of ₹21,14,17,743.99. Both figures are below the limits specified by the market regulator.

Consequently, the company is not required to provide the disclosures mandated under Regulation 23(9) of the SEBI regulations. The disclosure was submitted to the BSE Limited by Rashmi Sharma, Company Secretary & Compliance Officer, on May 25, 2026.