Intentar ORO - Gratis
IOC Q2 profit soars on refining margins
Mint Chennai
|October 28, 2025
State-run Indian Oil Corp.'s standalone net profit surged multifold in the September quarter, riding on higher refinery margins and better sales.
Arvinder Singh Sahney, Indian Oil's chairman.
(A S SAHNEY/LINKEDIN)
The company reported a net profit of ₹7,610.45 crore in the second quarter, up from ₹180.01 crore a year earlier, according to its exchange filings.
Its revenue from operations was ₹2.03 trillion during the quarter, around 4% higher year-on-year.
The surge in profits was aided by strong performance and growth in refining margins, chairman and managing director Arvinder Singh Sahney told reporters.
The company reported a standalone net profit of ₹5,688.60 crore in the previous quarter.
Esta historia es de la edición October 28, 2025 de Mint Chennai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Chennai
Mint Chennai
Eat, see, dance and repeat
A Mint guide to what's happening in and around your city
1 min
January 09, 2026
Mint Chennai
Budget may propose fix for flaws in debt recovery framework
borrower consent, the people said on condition of anonymity.
3 mins
January 09, 2026
Mint Chennai
NHPC’s bond push lifts stock, but debt, execution risks stay
NHPC's sales and margin performance has been volatile.
1 mins
January 09, 2026
Mint Chennai
Govt scraps outdated standards to boost product quality, safety
The Bureau of Indian Standards (BIS) has withdrawn nine Indian standards across sectors including reference materials, risk management, supply-chain security, machinery safety and household electrical appliances, according to a 7 January notification.
1 mins
January 09, 2026
Mint Chennai
Amagi cuts IPO size to widen investor base
Cloud-based broadcast and streaming technology firm Amagi has downsized its initial public offering (IPO), trimming the fresh equity raise to ₹816 crore from ₹1,020 crore as it sharpens its focus on attracting a broader and more stable institutional investor base amid improving profitability.
2 mins
January 09, 2026
Mint Chennai
Antibiotics R&D, misuse in focus
With antimicrobial resistance now a major public health and economic threat, India's top drug regulator is overhauling rules for how antibiotics are developed, sold, and monitored.
1 min
January 09, 2026
Mint Chennai
Gig world embraces videos, brand deals
For a growing number of gig workers—food delivery riders, cab drivers, newspaper vendors—filming their daily work for social media now brings both extra income and the recognition their day jobs rarely do.
1 mins
January 09, 2026
Mint Chennai
Rupee bites: Your overseas education just got costlier
A weakening rupee is rewriting the economics of studying abroad compared to five years ago
3 mins
January 09, 2026
Mint Chennai
Chasing Northern Lights in chilly Yukon
In Canada's western most territory, winter is an invitation to move at an unhurried pace and commune with white expanses
4 mins
January 09, 2026
Mint Chennai
UpGrad drops plans to buy Unacademy
UpGrad has dropped plans to acquire Unacademy after the two sides failed to agree on valuation, two people aware of the development said.
1 mins
January 09, 2026
Listen
Translate
Change font size