State-run Indian Oil Corporation on Friday posted a consolidated net loss of 1,141.09 crore in the June quarter, against a profit of 6,808.12 crore a year earlier, as suppressed marketing margins on petroleum products outweighed gains from stronger refining margins. The country’s largest fuel retailer, however, reported a 27% rise in revenue from operations to 2.82 lakh crore, from 2.22 lakh crore in Q1FY26. Total income increased to 2,82,379 crore, while expenditure climbe 2,84,009 crore.