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Indian Oil slips into Rs 1,141-crore Q1 loss as fuel margins collapse

Posted on July 31, 2026
By Financial Express
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1 min read

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Indian Oil slips into Rs 1,141-crore Q1 loss as fuel margins collapse

Indian Oil Corporation reported a consolidated net loss of ₹1,141 crore in Q1 FY27 as weak petroleum marketing margins outweighed refining gains and revenue rose 27% to ₹2.82 lakh crore.