New Delhi: Indian Oil Corporation has recorded its highest-ever sales volume, crossing the 100 million metric tonne mark for the first time, including exports. The company reported a 3% rise in total sales, with petroleum products growing by 1.6%, gas by 21%, and petrochemicals by 6%.
In its Q4 FY25 results, Indian Oil posted a net profit of Rs 7,265 crore, more than double the Rs 2,874 crore recorded in the previous quarter. The rise in profit was supported by stronger refining margins, inventory gains, and improved operational efficiency.
Gross refining margins came in at $8 per barrel, up sharply from $2.9 in the previous quarter, while EBITDA margins improved to 7%. The company’s EBITDA jumped 90% sequentially to Rs 13,572 crore, reflecting stronger operational performance.
Revenue from operations remained stable at Rs 1.95 lakh crore, marginally up from Rs 1.94 lakh crore in Q3.
The company attributed the improved financials to better cost control and an optimised product mix, while continuing its focus on both refining and clean energy expansion.
BI Bureau
