Indian Oil Corporation has officially announced that its board of directors will convene on March 6, 2026, to deliberate on the declaration of second interim dividend for the financial year 2025-26. The meeting notification was issued on February 26, 2026, in compliance with regulatory requirements under SEBI regulations.

Board Meeting Details

The board meeting has been scheduled for Friday, March 6, 2026, specifically to consider the declaration of the second interim dividend for FY2026. This announcement was made pursuant to Regulation 29(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Trading Window Closure

In accordance with SEBI (Prohibition of Insider Trading) Regulation, 2015 and the company's Code for Prevention of Insider Trading, Indian Oil Corporation has implemented a trading window closure for insiders. The trading window for dealing in securities of the company will remain closed from Friday, February 27, 2026.

The trading window will reopen 48 hours after the board meeting is held and the information regarding dividend declaration is filed with the stock exchanges.

Official Communication

The formal notification was sent to both the National Stock Exchange of India Limited and BSE Limited on February 26, 2026. The communication was issued from the company's registered office at IndianOil Bhavan, G-9, Ali Yavar Jung Marg, Bandra (East), Mumbai, and was signed by Kamal Kumar Gwalani, Company Secretary.

The announcement demonstrates the company's adherence to regulatory frameworks governing listed entities and ensures proper compliance with corporate governance norms for this Maharatna company.

Indian Oil Corporation has delivered exceptional Q3FY26 standalone financial results, showcasing strong operational performance across all key metrics. The company reported revenue of ₹2,31,769.04 crore, net profit of ₹12,125.86 crore, and EBITDA of ₹20,800 crore, demonstrating robust growth momentum and improved operational efficiency.

Outstanding Q3FY26 Financial Performance

The company's Q3FY26 standalone results showed impressive growth across all major financial indicators:

Strong Revenue Growth Trajectory

The company reported Q3FY26 revenue from operations of ₹2,31,769.04 crore, representing a substantial 14.16% increase from the previous quarter's ₹2,02,992.34 crore. This revenue growth reflects strong business fundamentals and effective market positioning in the energy sector.

Exceptional Profitability Performance

Net profit performance significantly exceeded expectations, with Q3FY26 standalone net profit reaching ₹12,125.86 crore compared to ₹7,610.45 crore in the previous quarter, marking a substantial 59.34% quarter-on-quarter growth. The earnings per share improved to ₹8.81 from ₹5.53 in the previous quarter.

Operational Efficiency and Margin Improvements

The company demonstrated remarkable operational efficiency with improved margins across segments. The petroleum products segment contributed ₹2,17,890.01 crore in revenue, while the gas segment generated ₹11,690.82 crore. The petrochemicals segment recorded revenue of ₹6,935.77 crore during the quarter.

Physical Performance Metrics

The company's operational performance showed strong momentum:

The comprehensive financial performance across revenue, profitability, and operational metrics positions Indian Oil Corporation favorably within the oil marketing sector, demonstrating strong execution capabilities and competitive advantage in the energy market.

Source: Indian Oil Corporation Limited Q3FY26 quarterly results under Regulation 33