Dailyhunt
Indian Oil Dividend 2026 ANNOUNCED! Rs 2 per share cash reward by IOC - Record date, payment date

Indian Oil Dividend 2026 ANNOUNCED! Rs 2 per share cash reward by IOC - Record date, payment date

ETNow.in 0 months ago

Indian Oil Dividend 2026, IOC Dividend 2026: State-owned Indian Oil Corporation (IOC) has declared a second interim dividend for its shareholders.

The state-owned oil major informed this through an exchange filing today, March 6.

IOC Dividend 2026

The Board of Directors of IOC today approved a 20 per cent interim dividend, which translates into Rs 2 per equity share, for the financial year 2025-26.

"...it is hereby informed that the Board of Directors at its meeting held today, has declared 2nd Interim Dividend of 20% i.e. Rs. 2.00 per equity share of face value of Rs.10/- each for the financial year 2025-26," said the IOC in an exchange filing today.

IOC Dividend 2026 Record Date

The Board has fixed Thursday, March 12, 2026, as the record date for the purpose of ascertaining the eligibility of shareholders for payment of the second interim dividend.

IOC Dividend 2026 Payment Date

The second interim dividend will be paid to the eligible shareholders on or before April 5, 2026.


Indian Oil Dividend History

Indian Oil has been giving consistent dividends to its shareholders. The oil PSU gave dividends twice in 2025 - Rs 5 in December and Rs 3 in August, respectively.

In 2024, the company announced a dividend of Rs 7 in July.

IOC Q3 results FY26

Earlier in February, Indian Oil reported a sharp rebound in its third quarter earnings for the financial year 2025-26, with profit after tax jumping more than fourfold on a year-on-year basis, aided by stronger refining margins and better operating performance.

The state-run oil marketing major reported a profit after tax of Rs 12,126 crore in Q3 FY26 against Rs 2,874 crore posted by the PSU in the same quarter last year. This marks a YoY growth of around 322 per cent.

Revenue from operations rose 7 per cent YoY to Rs 2.31 lakh crore in the October-December quarter, up from Rs 2.16 lakh crore reported in Q3 FY25.

Indian Oil Share Price

Shares of Indian Oil today ended at Rs 168.60, up Rs 2.90 or 1.69 per cent from the previous close of Rs 171.50, on the BSE.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

Read more news like this on www.etnownews.com

Dailyhunt
Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: ET now