Indian Oil share price in focus: Maharatna firm to consider 2nd interim dividend for FY26 next week; details to note

In its filing to stock exchanges, IOCL said that a meeting of the Board of Directors is scheduled on Friday, March 6, 2026, wherein the Board of IndianOil will consider the declaration of a 2nd interim dividend for the financial year 2025-26.

Further, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, and the Code for Prevention of Insider Trading in the Securities of IndianOil, "it is hereby informed that the Trading Window for dealing in securities of IndianOil shall remain closed for 'Insiders' of IndianOil from Friday, February 27, 2026, till 48 hours after the Board Meeting is held and information of dividend declaration is filed with the stock exchanges," the filing added.

1st interim dividend of FY26 details

In December 2025, IOCL's board approved an interim dividend of ₹5 per share for FY26 on Friday, December 12.

“…the Board of Directors at its meeting held today has declared an interim dividend of 50%, i.e., ₹5.00 per equity share of face value of ₹10 each for the financial year 2025-26,” IOC said in a regulatory filing.

The board had fixed December 18, 2025, as the record date for the purpose of ascertaining the eligibility of shareholders for payment of the interim dividend.

The dividend was scheduled to be paid to the eligible shareholders on January 11, 2026.

IOCL Q3 FY26 earnings

Indian Oil Corporation reported a more than four-fold surge in its third-quarter net profit (Q3 FY26), as gains in refining and marketing margins offset weakness in the petrochemicals segment.

Its standalone net profit of ₹12,125.86 crore in October-December – the third quarter of the April 2025 to March 2026 fiscal year – compared with ₹2,873.53 crore earnings in the same period a year back, according to a stock exchange filing by the company.

Refining margins surged on low prices of crude oil, the raw material IOCL uses to make fuels like petrol and diesel. Fuel sales also rose 5% in the quarter.

Without giving quarterly numbers, IOCL said it earned $8.41 on turning every barrel of crude oil into fuel during April-December 2025 against a cross-refining margin of $3.69 per barrel.

The company, which sells domestic cooking gas at government-controlled rates, accounted for ₹2,414.34 crore in subsidy receipts.

Its revenue from operations rose to ₹2.31 lakh crore from ₹2.16 lakh crore in Q3 of the previous 2024-25 fiscal.

Pre-tax earnings from fuel sales jumped four times to ₹16,836.08 crore, while income from the gas business also increased 34% to ₹596.45 crore. Weakness in the petrochemical business, however, continued with a loss more than doubling to ₹361.51 crore.

For the first nine months of the current fiscal, its net profit surged to ₹25,424.91 crore from ₹5,696.72 crore in April-December 2024.