Shares of Oil India rallied more than 4% in early trade on Thursday after the state-run oil exploration company reported a strong set of quarterly earnings for the March 2026 quarter.
At 9:28 AM IST, Oil India shares were trading sharply higher after touching an intraday high of Rs 531.00, which also marked the company’s fresh 52-week high. The stock opened at Rs 525.40 against the previous close of Rs 507.10. The day’s low stood at Rs 516.65, while live traded volume crossed 40.52 lakh shares.
Oil India Q4 Results Highlights
Oil India reported consolidated revenue of Rs 10,013 crore in Q4 FY26, registering a 9.9% quarter-on-quarter increase compared to Rs 9,111 crore in the previous quarter.
The company’s EBITDA rose 30.7% to Rs 3,281 crore from Rs 2,510 crore sequentially, driven by improved operational performance.
EBITDA margin expanded sharply by 530 basis points to 32.8% against 27.5% in the preceding quarter, indicating stronger profitability and better cost efficiency.
Net profit surged 75.7% to Rs 2,100 crore compared to Rs 1,195 crore reported in the previous quarter.