Government officials and company executives said the companies are unlikely to repeat the same financial performance in 2026-27 if the war prolongs. | Business News

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,…

The losses are on account of an increase in the price of crude oil -- up 51% between February 28, when the US-Israel attack on Iran began, and Monday. | Business News

IOC shares rise nearly 3% following a 56% profit surge, with HPCL and BPCL also gaining from fuel price hikes.

Government officials and company executives said the companies are unlikely to repeat the same financial performance in 2026-27 if the war prolongs. | Business News