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Oil India reports strong turnover in Q2 FY26

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Oil India reports strong turnover in Q2 FY26
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Athira Sethu

Kochi, 15 Nov 2025

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Oil India Ltd (OIL) declared a consolidated turnover of ₹9,175 crore for Q2 FY26 as against ₹8,136 crore in Q2 FY25. However, standalone PAT fell to ₹1,044 crore from ₹1,834 crore last year due to lower crude price realizations. The board has declared an interim dividend of ₹3.50 per share. The total production of OIL was lower, while its subsidiary, Numaligarh Refinery Ltd, had higher crude throughput. NRL also commissioned the country’s first 2G bio-ethanol plant using bamboo as feedstock. 

Financial Performance:

MetricQ2 FY26Q2 FY25Change (%)
Turnover₹9,175 Cr₹8,136 Cr+12.8%
PAT₹1,044 Cr₹1,834 Cr-43.1%
Crude Price RealisationUSD 68.19USD 79.33-14.1%
Interim Dividend per Share₹3.50N/AN/A

Production & Operations:

MetricQ2 FY26Q2 FY25Change (%)
Total Production1.652 MMTOE1.674 MMTOE-1.3%
NRL Crude Throughput753 TMT683 TMT+10.3%
2G Bio-Ethanol Plant CommissionedYesNoN/A
Mozambique LNG Force MajeureLiftedN/AN/A

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