18 Feb 2026 | 5 Mins Read
IOCL, BPCL, HPCL: Best PSU Oil Stock to Buy After Q3 Results
Flipitmoney
Oil marketing companies' EBITDA and PAT soared 91% YoY to ₹39,500 crore and ₹23,740 crore, respectively, in Q3FY26. IOCL's standalone PAT rose four-fold to ₹12,125.86 crore, while HPCL and BPCL saw 35% and 62% YoY growth, respectively. Brent crude prices softened around $68, benefiting OMCs with lower raw material costs and improved refining margins.