Summary

Oil India Limited reported a strong financial performance for Q4 and the full fiscal year ended March 31, 2026. Consolidated Profit After Tax (PAT) for Q4 FY26 dramatically increased by 62% to ₹ 2,424 crore. For the full year FY26, consolidated PAT grew by 7% to ₹ 7,551 crore, supported by robust operational achievements including the highest-ever drilling of 74 wells and 307 workover jobs, and a significant 6% rise in crude oil production during Q4. The company also achieved a Reserve Replacement Ratio exceeding 1, and its subsidiary NRL posted an impressive 90% growth in PAT for FY26.

Key Highlights

1. 1

   Consolidated Profit After Tax (PAT) for Q4 FY26 surged by 62% to ₹ 2,424 crore, compared to ₹ 1,497 crore in Q4 FY25.

2. 2

   For the full year FY26, consolidated PAT stood at ₹ 7,551 crore, marking a 7% increase from ₹ 7,040 crore in FY25.

3. 3

   Standalone PAT for Q4 FY26 reached ₹ 1,790 crore, up from ₹ 1,591 crore in Q4 FY25, driven by a 6% increase in crude oil production and a 5% rise in crude price realization to USD 77.89/bbl.

4. 4

   Oil India Limited achieved its highest daily crude oil production in the last decade, reaching 10,566 MT, and recorded its highest-ever achievement by drilling 74 wells and completing 307 workover jobs during the year.

5. 5

   The company demonstrated strong operational performance by producing 0.891 MMT of crude oil in Q4 FY26, an increase from 0.844 MMT in Q4 FY25, and achieved a Reserve Replacement Ratio exceeding 1 for the year.

6. 6

   The Board of Directors recommended a final dividend of ₹ 1.00 per equity share, in addition to interim dividends of ₹ 3.50 and ₹ 7.00 per share already paid, totaling ₹ 11.50 per share for the year.

7. 7

   OIL’s material subsidiary NRL achieved a robust 90% growth in Profit After Tax to ₹ 3,057 crore in FY26 from ₹ 1,608 crore in FY25, with a Gross Refining Margin (GRM) of $ 13.43/bbl.