Archive · 31 Jul 2026
Indian Oil Reports Q1 Net Loss, Revenue Rises
Indian Oil Corporation Limited, a big oil company in India, said it lost money in the first part of its 2026‑27 financial year.
It made more money from selling oil, but its costs went up even more.
The company spent ₹2,84,008.74 crore, which is more than the ₹2,14,830.24 crore it spent a year earlier.
Because of this, it ended up with a loss of ₹1,141.09 crore.
Its earnings per share were also negative, meaning shareholders didn’t earn money from the company that quarter.
The company’s debt and cash ratios show it has more debt than cash, and its profit margin was very small.
Indian Oil Corporation Limited posted a consolidated net loss of ₹1,141.09 crore for Q1 FY27.
Revenue from operations rose to ₹2,81,933.07 crore, up from ₹2,21,849.02 crore year‑on‑year.
Total expenses increased to ₹2,84,008.74 crore, higher than ₹2,14,830.24 crore in the prior year.
Earnings per share were negative ₹1.18, compared with a profit of ₹4.95 in Q1 FY26.
The company’s debt‑equity ratio was 0.69 and the current ratio 0.76, with operating margin 0.12%.
- Who
- Indian Oil Corporation Limited
- What
- Reported a consolidated net loss for Q1 FY27
- When
- Quarter ended 30 June 2026
- Where
- Mumbai, India
- Why
- Higher expenses and lower margins led to the loss
- Net Loss
- ₹1,141.09 crore
- Revenue
- ₹2,81,933.07 crore
- Total Expenses
- ₹2,84,008.74 crore
- Earnings per Share
- -₹1.18
- Debt‑Equity Ratio
- 0.69
- Current Ratio
- 0.76
- Operating Margin
- 0.12%