Shares of Indian Oil Corporation (IOC) rose 3% to Rs 135.63 apiece on the NSE during Tuesday’s trade after the oil marketing company reported a consolidated net profit of Rs 14,458 crore for the January–March quarter of FY26. This marks a 78% jump from Rs 8,124 crore in the same period last year.
Revenue from operations rose 7% YoY to Rs 2.37 lakh crore during the quarter under review, compared with Rs 2.21 lakh crore in the corresponding quarter of the previous financial year.
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