Overview
- Indian Oil reported a sharp Q2 FY26 rebound driven by stronger refining margins, higher throughput and sales, with widely cited profit figures varying between about Rs 7,610 crore (standalone) and Rs 8,191 crore (consolidated) as some outlets also quoted a higher standalone number.
- IOC highlighted GRMs near $10.6 per barrel for the quarter and core margins higher on an H1 basis, while management attributed gains to operational efficiencies and marginal inventory benefits.
- Adani Energy Solutions posted adjusted PAT of roughly Rs 557 crore, noting a prior‑year deferred tax gain that distorts YoY comparisons, with Ebitda up double digits and a growing smart‑metering and transmission pipeline.
- Adani Green Energy’s profit rose to Rs 644 crore as operational renewable capacity reached about 16.7 GW, with management pointing to continued capacity additions and strong energy sales.
- Coal India’s profit fell to about Rs 4,354 crore and the board declared a second interim dividend of Rs 10.25 per share, while HPCL’s sequential profit eased to Rs 3,830 crore even as stronger refining supported an operating beat versus estimates.