IOCL vs BPCL vs HPCL: Which PSU OMC stock should you buy after Q3 results, crude oil price fall?

OMC stocks to buy: Refining margin boost, decline in crude prices and lower LPG under recoveries boosted the performance of oil marketing companies (OMCs) during the third quarter of the financial year 2025-26 (FY26).

Oil marketing companies’ EBITDA and PAT came in at ₹39,500 crore and ₹23,740 crore, respectively for Q3FY26 – up 91% or 2.4x year-on-year, according to estimates by ICICI Securities.

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