Mumbai, Aug. 14 -- Net sales (excluding excise duty) declined 0.5% year-on-year (YoY) to Rs 1,12,514.65 crore in the June 2025 quarter.

Profit before tax (PBT) surged 102.3% YoY to Rs 8,156.50 crore during the quarter.

Total expenses decreased by 1.9% YoY to Rs 1,22,170.10 crore in Q1 FY26. The cost of materials consumed was Rs 53,686.13 crore (down 8.8% YoY), while employee benefits expenses stood at Rs 901.99 crore (up 15.4% YoY) during the period under review.

In Q1 FY26, the refinery throughput was at 10.42 million metric tonnes (MMT), up 3.07% from the 10.11 MMT posted in Q1 FY25. Domestic sales grew by 3.19% to 13.58 MMT in Q1 FY26 as against 13.16 MMT reported in Q1 FY25.

Domestic market sales growth declined to 3.19% in Q1 FY2...