October 29, 2025
Indian Oil Corporation Makes a Big Comeback with Rs 7,817 Crore Profit in Q2FY26!
Indian Oil Corporation (IOC) roared back in Q2FY26 with a dazzling Rs 7,817 crore profit, wiping out last year's loss. Thanks to better margins, rising revenue, and strong marketing volumes, IOC outpaced rivals. Despite a dip in Russian crude use, earnings stay strong. Morgan Stanley stays confident, but still likes HPCL and Reliance better.