Indian Oil reported FY26 standalone financial results with a refinery throughput of 19.7 MMT and 113.9% capacity utilization.
Total sales for FY26 stood at 105.117 MMT, comprising 94.078 MMT petroleum products and 11.039 MMT other products including gas and petrochemicals.
The company incurred a provisional capex of ₹32,405 crore in FY26 across refining, marketing, and petchem segments, with a target of ₹32,700 crore for FY27.
Major projects like the Paradip PX-PTA complex and Gujarat refinery expansion are underway with completion targets from June to November 2026.