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For all of fiscal 2026, IOC's net profit more than doubled compared to last year, reaching a massive ₹36,802.42 crore.
The company set new highs for crude processing and pipeline volumes, boosted consolidated sales volume of petroleum products by 4%, and opened nearly 900 new outlets.
Lubricants grew by 15%, petrochemical sales hit records, and despite global energy disruptions, demand for their products stayed strong, showing IOC's ability to adapt and thrive even when things get tough.