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State-owned Indian Oil Corporation (IOC) on Monday reported a multi-fold jump in its net profit to Rs 13,288 crore for the second quarter ended September 30, 2025, on the back of higher refining margins and operational efficiencies.

Its net profit had stood at Rs 180 crore in the corresponding period last year, according to a company statement.

The company earned $19.6 on every barrel of crude oil it processed and turned into fuels like petrol and diesel in Q2, compared to $2.15 gross refining margin in Q1 and $1.59 in Q2 last year.

(With PTI Inputs)

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