IOC shares saw an uptick on Tuesday after the company reported a 78% YoY jump in Q4 FY26 net profit to Rs 14,458 crore. Revenue grew 7% to Rs 2.37 lakh crore. Motilal Oswal maintained a ‘Neutral stance, noting strong EBITDA beat, improved margins, debt reduction, and resilience despite Middle East oil volatility.

IOC net profit rose 56% to Rs 11,377 crore in Q4 FY26, while full-year earnings doubled to Rs 36,802 crore on strong refining and marketing performance.

NEW DELHI: Indian Oil Corporation, the country’s largest oil marketing company, Monday said that its net profit soared 2.8 times to Rs 36,802 crore during the last financial year,…