Shareholders of government company Indian Oil Corporation are going to get an interim dividend of Rs 5 per share for the financial year 2026. The company’s board approved the proposal on December 12.
MK Global Financial Services with ‘buy’ rating on Indian Oil shares in the month of October.
The company has told the stock exchanges that the dividend will be paid to eligible shareholders on or before January 11, 2026. The record date for the dividend has been fixed as December 18, 2025.
Shareholders whose names appear in the records of the Register of Members of the Company or the Depositories as beneficial owners of shares as on the record date will be entitled to receive the dividend.
Indian Oil had given a final dividend of Rs 3 per share to the shareholders for the financial year 2025. The face value of the share is Rs 10. The company was listed in the stock exchange in July 1996.
On December 12, the stock closed at Rs 163.95 on the BSE with a gain of 1.4 per cent. The market cap of the company is more than Rs 2.31 lakh crore. The stock has risen 15 percent in 3 months.
The government held 51.50 percent stake in Indian Oil by the end of September 2025. The company’s standalone revenue in the September 2025 quarter stood at Rs 2,02,992.34 crore and net profit at Rs 7,610.45 crore.
In FY 2025, the company’s revenue on standalone basis was recorded at Rs 8,45,512.61 crore. Meanwhile, net profit stood at Rs 12,961.57 crore.