Indian Oil Corporation (IOC) reported its Q3 results for FY 2025, revealing a net profit of ₹2,874 crore, a substantial increase from ₹180 crore in the previous quarter. Revenue rose by 11.5% to ₹1.94 lakh crore, compared to ₹1.74 lakh crore in the prior quarter. Despite this growth in revenue, the results fell short of market expectations, attributed to lower margins and losses in the liquefied petroleum gas (LPG) segment. The company's performance has led to a decline in its stock value, reflecting investor concerns over the smaller-than-anticipated profit figures.