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Indian Oil Reports Rs 2,661 Crore Q1 Loss Amid Higher Crude Prices, Revenue Rises 26%

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Indian Oil Reports Rs 2,661 Crore Q1 Loss Amid Higher Crude Prices, Revenue Rises 26%

Analysed 31 Jul 2026·8 sources analysed·Mumbai, India·Business
Indian Oil Reports Rs 2,661 Crore Q1 Loss Amid Higher Crude Prices, Revenue Rises 26%PreviousNext

Indian Oil Corporation (IOC) reported a consolidated net loss of around Rs 2,661 crore for Q1 FY27, a decline from profits in the previous year, mainly due to elevated crude oil prices amid the West Asia conflict. Despite this, revenue rose about 26% to approximately Rs 2.75 lakh crore, supported by record refinery throughput and increased sales of petrol and diesel. IOC secured crude supplies for August and most of September by diversifying sources, while operational efficiencies helped limit losses amid holding fuel prices steady.

Sentiment
54%
TBN's observations

First-hand measurement across 8 sources

We measured how 8 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (54/100). Lens Score 40/100.

Outlets measured: thefinancialexpress, freepressjournal, thehindu, economictimes, businessstandard, news18, thetribune, freepressjournal. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 8 sources · Published under editorial oversight by The Balanced News
Analysed 31 Jul 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (54/100)

Sentiment was consistent across outlets (45–62/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

freepressjournal broke this story on 31 Jul, 12:30 pm. Other outlets followed.

31 Jul, 12:30 pm8 sources · 7 h31 Jul, 07:12 pm
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
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  1. 1
    freepressjournal31 Jul, 12:30 pm
    Indian Oil Reports Q1 Net Loss Of 1,141 Crore, Revenue Rises To 2.81 Lakh Crore
  2. 2
    thetribune31 Jul, 03:11 pm
    Indian Oil posts Q1 net loss of Rs 2,661 crore as higher crude prices hit profitability - The Tribune
  3. 3
    news1831 Jul, 03:18 pm
    IOC slips into loss in Q1 on holding fuel prices despite rise in cost
  4. 4
    businessstandard31 Jul, 03:35 pm
    Indian Oil posts 1,140 crore Q1 loss amid elevated energy prices
  5. 5
    economictimes31 Jul, 04:02 pm
    IOC slips into loss in Q1 on holding fuel prices despite rise in cost
  6. 6
    thehindu31 Jul, 04:25 pm
    Indian Oil has crude supplies secured for entire August, most of September
  7. 7
    freepressjournal31 Jul, 06:18 pm
    Indian Oil Posts 2,661 Crore Q1 Loss As West Asia Conflict Drives Up Crude Costs; Revenue Jumps 26 Per Cent
  8. 8
    thefinancialexpress31 Jul, 07:12 pm
    Indian Oil slips into Rs 1,141-crore Q1 loss as fuel margins collapse

Who's involved

Institutions and figures named across source coverage.

Government
Bharat Petroleum CorporationHindustan Petroleum CorporationIndian Oil Corporation LtdIndian Oil Corporation
Corporate
Indian Oil Corporation Limited

Story context

Category
Business
Location
Mumbai, India
Sources analysed
8
Last analysed
31 Jul 2026
Key entities
Indian Oil CorporationCroreIndian rupeeWestern AsiaOil refineryTonneLiquefied petroleum gasPetroleumInternational Olympic CommitteeDiesel fuelNatural gasGasoline