Indian Oil Corporation board to meet on March 6 to consider second interim dividend
Published on 26/02/2026 08:09 PM
Indian Oil Corporation board to meet on March 6 to consider second interim dividendIndian Oil Corporation Ltd will hold a board meeting on March 6, 2026, to consider a second interim dividend for FY26, following strong profits and revenue growth in the December quarter.By CNBCTV18.com February 26, 2026, 8:09:04 PM IST (Published)1 Min ReadIndian Oil Corporation Ltd said its board will meet on Friday, March 6, 2026, to consider declaring a second interim dividend for FY26.
In a regulatory filing under Regulation 29(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed stock exchanges about the scheduled board meeting.
IndianOil added that, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and its internal code of conduct, the trading window for dealing in its securities will remain closed for insiders from February 27, 2026, until 48 hours after the board meeting concludes and the dividend decision is made public.
For the December quarter, the company reported a net profit of ₹12,126 crore, compared with ₹7,610.5 crore in the September quarter. Revenue rose 14.3% year-on-year to ₹2.04 lakh crore from ₹1.78 lakh crore.
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EBITDA increased 42.8% sequentially to ₹20,824.8 crore from ₹14,584.8 crore, while EBITDA margin expanded 200 basis points to 10.2% from 8.2%.
Average gross refining margin (GRM) for April–December stood at $8.41 per barrel, compared with $3.69 per barrel in the year-ago period. Core GRMs, adjusted for inventory gains or losses, came in at $9.86 per barrel.
Shares of Indian Oil Corporation Ltd ended the day 1.7% higher at ₹186.27 on the NSE.Continue ReadingTagsaisan sharescrude outputIndian Oil Corp