Indian Oil Corporation Limited (IOCL) delivered a strong financial and operational performance in the first nine months of FY2025–26, setting new benchmarks in crude throughput and product sales. Driven by higher demand and efficient asset utilisation, the company achieved its best-ever nine-month volumes across refining, marketing, and pipeline operations.
Record Crude Throughput and Sales Volumes
During the April–December period, IOCL processed a record 55.719 million metric tonnes (MMT) of crude oil, registering a 5 per cent year-on-year increase compared with 53.016 MMT in the same period last year. At the same time, total sales volumes climbed to an all-time high of 77.774 MMT, up from 74.347 MMT, reflecting steady growth in fuel consumption across markets.
Domestic Petroleum Sales Outpace Industry Growth
IOCL continued to strengthen its market position as domestic petroleum sales rose 4.3 per cent, marginally outperforming the industry’s average growth rate of 4.1 per cent. Notably, high-speed diesel (HSD) institutional sales surged 27.9 per cent, significantly ahead of the industry growth of 9.7 per cent. This sharp rise underscores stronger demand from bulk consumers and industrial users.
Petrochemicals Segment Shows Steady Gains
The company also recorded consistent momentum in its petrochemical business. Domestic petrochemical sales increased 3 per cent, reaching 2.411 MMT, supported by improved downstream demand and expanded distribution.
High Refinery Utilisation and Pipeline Performance
Operational efficiency remained a key driver of performance. IOCL’s refinery throughput touched 55.719 MMT, while capacity utilisation reached an impressive 105 per cent, demonstrating optimal use of assets. Meanwhile, its extensive cross-country pipeline network transported 77.9 MMT, marking a 4 per cent year-on-year growth and ensuring seamless movement of crude and petroleum products nationwide. As reported by asianetnews.com, beyond refining and marketing, IOCL also reported growth in gas sales, exports, and petrochemicals, further strengthening its diversified energy portfolio.
