Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30th June 2026 (Q1 FY27)
Nature of Filing / Announcement: Integrated Filing (Financial) containing Unaudited Standalone and Consolidated Financial Results
Date of Board Meeting / Approval: 31st July 2026 (Meeting time: 03:00 PM to 05:40 PM)
Audit Opinion: Review Report with Modified Conclusion (Due to governance issues and reliance on management certified information)
Auditor's Comment: Auditors issued a review report (not audit opinion) stating nothing came to their attention causing belief of material misstatement, but with several qualifications regarding reliance on management certified information for joint operations and subsidiaries.
Key Financial Highlights [₹ in Crore]
Standalone Results:
Revenue from Operations: ₹2,75,971.77 (Q1 FY27) vs ₹2,32,855.33 (Q4 FY26) vs ₹2,18,607.70 (Q1 FY26)
Total Income: ₹2,76,356.92 (Q1 FY27) vs ₹2,34,485.22 (Q4 FY26) vs ₹2,19,220.85 (Q1 FY26)
Net Profit: ₹5,688.60 (Q1 FY27) vs ₹11,377.51 (Q4 FY26) vs ₹(2,662.37) (Q1 FY26)
EPS: ₹8.26 Basic & Diluted (Q1 FY27) vs ₹4.13 (Q4 FY26) vs ₹(1.93) (Q1 FY26)
Other Equity: Not Specified
Cash and Cash Equivalents: Not Specified
Debt: Not Specified
Consolidated Results:
Revenue from Operations: ₹2,81,933.07 (Q1 FY27) vs ₹2,36,899.33 (Q4 FY26) vs ₹2,21,849.02 (Q1 FY26)
Total Income: ₹2,82,379.02 (Q1 FY27) vs ₹2,38,674.29 (Q4 FY26) vs ₹2,22,032.27 (Q1 FY26)
Net Profit: ₹(1,141.09) (Q1 FY27) vs ₹15,176.08 (Q4 FY26) vs ₹6,808.12 (Q1 FY26)
Net Profit attributable to Equity holders of the Parent: ₹(1,630.74) (Q1 FY27) vs ₹14,458.08 (Q4 FY26) vs ₹6,813.71 (Q1 FY26)
EPS: ₹(1.18) Basic & Diluted (Q1 FY27) vs ₹10.50 (Q4 FY26) vs ₹4.95 (Q1 FY26)
Other Equity: ₹2,05,745.99 (as of 31st March 2026)
Cash and Cash Equivalents: Not Specified
Debt: Not Specified
Segment-wise Performance [₹ in Crore]:
Standalone Segment Revenue:
Petroleum Products: ₹2,59,771.93 (Q1 FY27)
Petrochemicals: ₹9,516.94 (Q1 FY27)
Gas: ₹14,481.49 (Q1 FY27)
Other Business Activities: ₹515.26 (Q1 FY27)
Standalone Segment Results (Profit Before Tax, Interest, etc.):
Petroleum Products: ₹(2,872.56) loss (Q1 FY27)
Petrochemicals: ₹216.85 profit (Q1 FY27)
Gas: ₹526.05 profit (Q1 FY27)
Other Business Activities: ₹(2.47) loss (Q1 FY27)
Consolidated Segment Revenue:
Petroleum Products: ₹2,64,200.61 (Q1 FY27)
Petrochemicals: ₹9,516.94 (Q1 FY27)
Gas: ₹14,481.49 (Q1 FY27)
Other Business Activities: ₹2,047.88 (Q1 FY27)
Consolidated Segment Results (Profit Before Tax, Interest, etc.):
Petroleum Products: ₹(1,705.02) loss (Q1 FY27)
Petrochemicals: ₹216.85 profit (Q1 FY27)
Gas: ₹526.05 profit (Q1 FY27)
Other Business Activities: ₹624.57 profit (Q1 FY27)
Corporate Actions:
Dividend declarations: Not Specified
Share split, bonus issue, buyback: Not Specified
Capital raising: Not Specified
Other Significant Information:
The Ministry of Petroleum and Natural Gas approved compensation of ₹14,486 crores for under-recoveries on domestic LPG sales, disbursable in 12 equal monthly instalments starting November 2025.
Instalment for April 2026 to June 2026 aggregating ₹3,621.51 crores recognized as Revenue from Operations, reducing cumulative net negative buffer to that extent.
Physical Performance (in MMT):
- Product Sales: 25.252 Domestic, 0.959 Export (Q1 FY27)
- Refineries Throughput: 19.165 (Q1 FY27)
- Pipelines Throughput: 28.548 (Q1 FY27)
Entities included in consolidation:
The consolidated results include 25 subsidiaries, 3 associates, and 25 joint ventures as listed in Annexure-I, including Chennai Petroleum Corporation Limited, Petronet LNG Limited, Lanka IOC PLC, and IndianOil Adani Gas Private Limited.