IOC share price: Shares of public sector undertaking (PSU), Indian Oil Corporation Limited (IOCL), traded with a mild cut ahead of the Q1 results announcement for the financial year 2025-26 (FY26).
The Maharatna PSU stock declined over 1% to hit the day’s low of ₹140.75 on the BSE. IOC share price opened marginally higher than the last closing price at ₹142.55 apiece. But it soon erased gains and traded marginally lower.
The fall came despite expectations of a sharp surge in IOC’s Q1 profit.
IOC Q1 Preview
Domestic brokerages see up to 275% despite a decline in net sales on a year-on-year (YoY) basis. IOC’s EBITDA is expected to grow significantly compared to last year and last quarter. However, its profit margin from refining (GRM) may go down this quarter because it benefited from some unusual gains earlier that won’t happen again.
