Public Sector Unit News

OIL Posts ₹9,175 Cr Turnover in Q2 FY26; Declares ₹3.50 Dividend

Oil India Limited (OIL) announced its Q2FY26 financial results during its Board meeting on November 14, 2025. The company achieved a consolidated turnover of ₹ 9,175 Cr, an increase from ₹ 8,136 Cr in Q2FY25.

However, the standalone PAT fell to ₹ 1,044 Cr from ₹ 1,834 Cr due to a 14% drop in crude price realization.

The Board recommended an Interim Dividend of ₹ 3.50 per equity share. OIL produced 1.652 MMTOE of O+OEG in Q2FY26, slightly down from 1.674 MMTOE in the previous year, while its subsidiary NRL maintained a crude throughput of 753 TMT, up from 683 TMT.

Notably, NRL inaugurated India’s first 2G bioethanol plant, and OIL completed the upgrade of the Numaligarh–Siliguri Product Pipeline. Additionally, the force majeure status on OIL’s 4% interest in the Area-1 Offshore LNG Block in Mozambique was lifted in November 2025.

Source – sarkaritel.com

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