New Delhi, Oct 27 (PTI) State-owned Indian Oil Corporation Ltd (IOC) on Monday reported a multi-fold jump in its September quarter net profit on the back of higher refining margins and operational efficiencies.

Its standalone net profit was Rs 7,610 crore in July-September – the second quarter of the 2025-26 fiscal year – compared with Rs 180 crore earnings in the same period of the last year, according to company chairman Arvinder Singh Sahney.

“Net profit was higher mainly because of operational efficiencies and six-quarter high refining margins," he told reporters here.

The firm, which is in the midst of an operational efficiency programme implementation across verticals, saw crude oil processing rise 5 per cent on the same capacity and fuel sales climbing 6 per cent in the quarter.

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