Oil India Limited, a Maharatna CPSE under the Government of India, has announced a significant 62% increase in its consolidated Profit After Tax (PAT) for the fourth quarter of the fiscal year 2025-26. The company reported a consolidated PAT of ₹2,424 crore for Q4 FY26, compared to ₹1,497 crore in the same quarter of the previous fiscal year. For the entire fiscal year ending 31st March 2026, the consolidated PAT stood at ₹7,551 crore, up from ₹7,040 crore in the previous year.
The company’s standalone PAT for Q4 FY26 was ₹1,790 crore, an increase from ₹1,591 crore in Q4 FY25. This growth is attributed to a 6% rise in crude oil production and a 5% increase in crude price realisation, which went up from USD 74.46 per barrel in Q4 FY25 to USD 77.89 per barrel in Q4 FY26.
The Board of Directors of Oil India has recommended a final dividend of ₹1.00 per equity share, in addition to the first and second interim dividends of ₹3.50 and ₹7.00 per equity share, respectively, which were paid during the year.
In its ongoing efforts to ensure national energy security, Oil India produced 0.891 million metric tonnes (MMT) of crude oil from its mature and old oilfields in Q4 FY26, up from 0.844 MMT in Q4 FY25. The company achieved the highest daily production of 10,566 metric tonnes of crude oil in the last decade. It also drilled 74 wells during the year, marking a record achievement, and completed 307 workover jobs, the highest ever.
Oil India’s material subsidiary, Numaligarh Refinery Limited (NRL), reported a remarkable 90% growth in Profit After Tax, reaching ₹3,057 crore in FY26 from ₹1,608 crore in FY25, with a Gross Refining Margin (GRM) of $13.43 per barrel.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).