Press Release
OIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Oil India Limited reported strong financial results for FY26. Consolidated PAT grew 62% to ₹2,424 crore in Q4 FY26 from ₹1,497 crore in Q4 FY25, while full-year consolidated PAT increased 7% to ₹7,551 crore from ₹7,040 crore. Standalone Q4 PAT rose to ₹1,790 crore from ₹1,591 crore, driven by 6% higher crude oil production and 5% improvement in crude price realisation to USD 77.89/bbl. The company achieved its highest daily crude production in a decade (10,566 MT), drilled a record 74 wells, and completed a record 307 workover jobs. Subsidiary NRL reported a 90% surge in PAT to ₹3,057 crore. The board recommended a final dividend of ₹1.00 per share, in addition to interim dividends of ₹3.50 and ₹7.00 already paid.
The strong PAT growth, record operational performance, and robust subsidiary earnings signal operational efficiency and likely positive sentiment for the stock. The 7% annual PAT growth is solid but more modest than the exceptional Q4 surge.