Tag
Oil & Gas Refining
10 articles
Refining companies are demonstrating robust financial performance driven by increased throughput and favorable market conditions. BPCL reported a substantial 75.5% increase in FY26 net profit to ₹23,303 crore, while Indian Oil's FY26 net profit reached ₹36,802 crore, underpinned by a record refinery throughput of 19.7 MMT. HPCL also posted impressive results, with a 133% surge in FY26 profit to ₹17,175 crore, alongside a record refinery throughput and improved debt levels. These results, coupled with Modi Naturals' ethanol expansion and related profit growth, suggest a positive outlook for the sector, although ongoing geopolitical risks and potential regulatory changes warrant close monitoring.
DEE Development Engineers FY26 Revenue Up 38% to ₹1,142 Cr
Submitted revised investor presentation for Q4 & FY26 ending March 31, 2026, correcting a technical error on page 23.
FY26 revenue grew 38% YoY to ₹1,142 crore with operating EBITDA up 53% to ₹189.3 c
DEE Development Engineers FY26 Revenue Up 38% to ₹1,142 Cr
DEE Development Engineers reported FY26 consolidated revenue of ₹1,142 crore, up 38% YoY, with Operating EBITDA at ₹189.3 crore.
Order book grew 58% to ₹1,940 crore, providing multi-year revenue visib
Engineers India Limited FY25-26 Annual Results Presentation
Engineers India Limited reported standalone FY25-26 total income of ₹40,589 million, with PAT of ₹6,387 million at a 17% margin.
The company secured ₹79,781 million in new business, with a strong 72%
Govt Revises Fuel Taxes; Firms Report FY26 Results
Indian government imposed Rs 3/litre SAED on petrol exports and reduced diesel duty to Rs 16.5/litre, effective May 16, 2026.
Rolcon Engineering reported Q4 FY26 standalone net profit after tax of Rs
Indian Government Updates on West Asia Impact Measures
Government assures safe Indian seafarers and adequate fuel stocks amid West Asia situation with no incidents reported in 72 hours.
LPG supply prioritized with 96% DAC-based deliveries and 58,500 PNG c
IG Petrochemicals FY26 Revenue ₹1,954 Cr, PAT Down 79%
IG Petrochemicals reported standalone FY26 revenue of ₹1,953.7 Cr and PAT of ₹23.2 Cr, a 79.4% YoY decline, with EBITDA margin contracting to 6.7% from 11.1%.
The company achieved mechanical completio
BPCL Posts FY26 Results Conference Call Recording
BPCL submitted a regulatory filing to BSE and NSE regarding its FY26 results conference call.
The audio recording of the call held on 20th May 2026 is now available on the company's investor website.
BPCL FY26 Net Profit Rises 76% to ₹23,303 Crore
BPCL files investor handout for audited FY26 results under SEBI Regulation 30, showing key financial and operational metrics.
Full-year net profit surges 76% YoY to ₹23,303 crore with PBT at ₹31,104 c
India Updates on West Asia Impact: Fuel, Fertilizer, Seafarer Safety
Government reports comfortable national fertilizer stock of 200.98 LMT (51% of Kharif 2026 requirement) with secured imports of 13.5 LMT DAP and 7 LMT NPKs.
LPG supply prioritized with 99% online book
Indian Oil Assures Odisha Adequate Petrol, Diesel Stocks
Ministry of Petroleum confirms adequate, uninterrupted petrol, diesel, and LPG supplies across all Odisha retail outlets.
OMCs initiated coordinated replenishment and live inventory monitoring to addr