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IOC Q2 profit soars on refining margins
Mint Mumbai
|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.
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.
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