Indian Oil Q2 Results: Swings To Net Profit As Margins Expand
Indian Oil set out an expansion in a quarterly results development.
· NDTV Profit, BS Companies
The company's Ebitda margin expanded to 12.1% from 0.7% in the June quarter, reflecting a sharp improvement in operating profitability.
The analysis
Indian Oil reported movement of 0.7% and 12.1%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.2% on the day at ₹130.15, and has returned -7.0% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -5.7% over the same period, so Indian Oil is running 1.3 points behind its peers.
For Indian Oil, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Indian Oil (IOC), in Oil & Energy.
- Over three months: Indian Oil -7.0% against Oil & Energy -5.7% (1.3 points behind).
- At least 25% below the 52-week high: Indian Oil (31%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Indian OilIOC · Oil & Energy | ₹130.15 | -0.2% | -3.5% | -7.0% | -30.6% | 1.4× | — |
Oil & Energy
1M -4.8% · 3M -5.7%
Indian Oil
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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