Mumbai, Oct 27 (IANS) The state-run Indian Oil Corporation (IOC) on Monday reported a strong performance for the second quarter of the financial year 2025-26 (Q2 FY26), with its consolidated net profit jumping 4,128 per cent to Rs 7,610.5 crore.

This marks a significant turnaround from the same period last fiscal (Q2 FY25), when the company had reported a profit of just Rs 180 crore, according to its stock exchange filing.

The company saw growth in both profitability and operating income during the quarter. The low base from last year, due to an exceptional item helped drive the bottomline, the firm said in its filing.

On sequential basis, IOC’s net profit for the quarter ended September rose 33.8 per cent, compared to Rs 5,689 crore in the previous quarter.

IOC’s revenue from operatio

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