Indian Oil Final Dividend 2026: Maharatna PSU Rewards Shareholders After Record FY26 Profit; Check Payout

State-run energy major Indian Oil Corporation Limited (IOCL) has announced a final dividend for FY26 after reporting a sharp increase in fourth-quarter and full-year earnings, reflecting strong refining and marketing performance during the year.

Indian Oil Corporation Final Dividend 2026

The board of Indian Oil Corporation Limited has recommended a final dividend of Rs 1.25 per equity share of face value Rs 10 each for the financial year 2025-26. The proposed payout represents 12.5% of the face value of each share and is subject to approval by shareholders at the company's forthcoming Annual General Meeting (AGM).

"Board has recommended a final dividend of 12.5% for the year 2025-26 i.e. Rs. 1.25 per equity share of face value of Rs.10/- each on the paid-up share capital, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company. The final dividend would be paid within 30 days from the date of declaration at the AGM. The record date for payment of final dividend would be fixed and intimated in due course," said the company in an exchange filing.

If approved, the dividend will be paid within 30 days from the date of declaration at the AGM. The company has said that the record date for determining eligible shareholders will be announced separately in due course.

In its regulatory filing, Indian Oil Corporation Limited stated that the board had recommended the final dividend for FY26 and that the payout would be made after obtaining shareholder approval at the AGM.

Indian Oil Q4 Results FY26: Profit Jumps 81% to Rs 15,176 Crore on Strong Refining Margins

Following the dividend announcement, the company also reported a strong set of financial results for the quarter ended March 31, 2026.

Consolidated net profit rose 81% year-on-year to Rs 15,176 crore in the January-March quarter, supported by improved gross refining margins and steady operational performance across its integrated energy business.

On a standalone basis, net profit climbed to a record Rs 11,377.51 crore, compared with Rs 7,264.85 crore in the corresponding quarter last year, according to the company's stock exchange filing.

For the full financial year FY26, Indian Oil Corporation Limited posted a standalone net profit of Rs 36,802.42 crore, more than double the Rs 12,961.57 crore reported in FY25.

The strong annual performance came despite temporary losses on retail sales of petrol, diesel and LPG, as state-owned fuel retailers absorbed part of the impact of volatile international oil prices to shield domestic consumers.

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