IOC shares gain as board approves interim dividend of ₹5 per share for FY26; check record date, other details

“…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 has also fixed December 18, 2025, as the record date for the purpose of ascertaining the eligibility of shareholders for payment of interim dividend.

The dividend will be paid to the eligible shareholders on January 11, 2026, the company further said.

Following this, shares of IOC were trading at ₹163.46 apiece on the National Stock Exchange, gaining 1.06% at 3:05 PM.

Over a month’s time, Indian Oil Corporation shares have fallen 5%, while the stock has gained more than 14% in 6 months. Since the beginning of 2025, the stock has soared 19.4%.

Shares of the firm had hit a 52-week high of ₹174.50 on November 12, 2025, and a 52-week low of ₹110.72 on March 3, 2025.

The company has a total market capitalisation of ₹2.31 lakh crore, according to data on the NSE.

IOC Q2 earnings

Indian Oil Corporation had reported a consolidated net profit of ₹7,817.55 crore for the second quarter of the current fiscal year (Q2 FY26) as compared to a net loss of ₹169.58 crore posted in the year-ago period. Sequentially, IOC's net profit rose 14.7% from ₹6,813.71 crore in the June quarter.

The company’s revenue from operations jumped 3.9% year-on-year (YoY) to ₹2,06,447.11 crore during Q2 FY26 against ₹1,98,615.80 crore in the same quarter last year.

Its total income increased to ₹2,07,091.44 crore in Q2 FY26 from ₹1,99,339.05 crore a year ago, marking a jump of 3.8%. Additionally, its total expenses fell 2.5% YoY to ₹1,96,699.02 crore during the September quarter from ₹2,01,760.21 crore in Q2 FY25.

On a standalone basis, the IOC’s net profit jumped as much as 4127.7% to ₹7,610.45 crore in the September quarter against ₹180 crore posted a year ago.

Its revenue from operations surged 4.1% YoY to ₹2.03 lakh crore during the quarter, as against ₹1.95 lakh crore in the year-ago period.