29 Oct 2025 | 5 Mins Read
Indian Oil Corporation target is Rs 166, says Prabhudas Lilladher
Flipitmoney
Indian Oil Corporation (IOCL) reported Q2 FY26 results with refining throughput of 17.6mmt, reported GRM of USD10.7/bbl and inventory gain of USD1.8/bbl. Domestic sales volume rose 3.4% YoY while implied gross marketing margin declined to Rs7.1/lit. EBITDA was Rs145.8bn and PAT Rs76.1bn. IOCL gets LPG under-recoveries compensation in 12 monthly instalments.