OICHARTS
8 AMThe 8 AM report →
EnergyHigh impactAfter close

IOC, BPCL, HPCL report ₹23,743 crore profit in Q3

after close1 source ↓written by the desknot a recommendation

in the December
₹23,743 crore
a year ago
₹10,545 crore
IOC quadrupled
$12.2 per barrel
and HPCL's
$13.3
and HPCL's
$8.9

State-owned oil marketing companies IOC, BPCL, and HPCL more than doubled their combined profit to ₹23,743 crore in the December 2025 quarter, up from ₹10,545 crore a year ago. This surge was driven by strong refining margins and reduced LPG under-recoveries. The gross refining margin for IOC quadrupled to $12.2 per barrel, while BPCL's rose to $13.3 and HPCL's to $8.9.

The average Brent crude price fell to $63.8 per barrel, enhancing profitability for these companies. This strong performance may bolster investor sentiment in the oil sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Feb 2026, 16:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IOC closed −2.5% on the day of the news, from ₹178.74 to ₹174.30; Nifty −1.4% over the same session; futures OI −2.2%.

Bulletin at 16:07 IST on 18 Feb 2026. Every change is measured from ₹178.74, the last close before it, on 18 Feb. Nifty 50 is measured over the same sessions.

  • IOC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IOC closes around the bulletin against the close before the news, with Nifty 50 rebased to it163.80178.74193.68axis spans 18%before the news · 18 Feb178.74Nifty 50IOCbulletinD0+1+3+512 Feb24 Feb6 MarFutures open interest, lotspeak 22,000Reference close ₹178.74. 16 sessions from 12 Feb to 6 Mar; the price axis spans 18 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before18 Feb₹178.74basebase
On the day19 Feb₹174.30▼ −2.5%▼ −1.4%−1.1 pp difference
+1 session20 Feb₹173.79▼ −2.8%▼ −1.0%−1.8 pp difference
+3 sessions24 Feb₹180.19▲ +0.8%▼ −1.5%+2.3 pp difference
+5 sessions26 Feb₹186.47▲ +4.3%▼ −1.3%+5.6 pp difference
Gap at the open, % · ₹
▼ −0.6%−1.04 on 19 Feb
Day's range, % · ₹
2.6%≈ 4.6 high to low
Volume on the day
0.86×the 20-session average
Futures OI on the day
▼ −2.2%−400 lots · long unwinding · price −2.5%
Futures OI open, lots
18,00019 Feb · 24 Feb expiry
Futures premium, ₹
−0.36−0.2% to spot
Puts per call, by OI
0.77from 0.71 the session before
Max pain
172from 172 the session before

Source NSE UDiFF bhavcopy · IOC on the desk →

Thread · IOCAll IOC bulletins →

Related