IOC shares jump 3% after Q4 net profit rises 78% YoY. Here’s what Motilal Oswal says

May 19, 2026

IOC shares saw an uptick on Tuesday after the company reported a 78% YoY jump in Q4 FY26 net profit to Rs 14,458 crore. Revenue grew 7% to Rs 2.37 lakh crore. Motilal Oswal maintained a ‘Neutral’ stance, noting strong EBITDA beat, improved margins, debt reduction, and resilience despite Middle East oil volatility.

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