19-February-2026
Corporate News
 
IOC, BPCL, HPCL double combined profit to Rs 23,743 crore in December quarter
18-Feb-2026

State-owned oil marketing companies (OMCs)-IOC, BPCL and HPCL-more than doubled their combined quarterly profit to Rs 23,743 crore in the December 2025 quarter from Rs 10,545 crore in the corresponding period a year ago, buoyed by robust refining margins and lower LPG under-recoveries. The gross refining margin (GRM) for Indian Oil Corporation (IOC) quadrupled in the third quarter, while that of Bharat Petroleum (BPCL) grew over two-fold, aided by softer crude and stronger product cracks.

News Source:- https://economictimes.indiatimes.com/industry/energy/oil-gas/ioc-bpcl-hpcl-double-combined-profit-to-rs-23743-crore-in-december-quarter/articleshow/128478481.cms
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org