Oil India Board Approves Unaudited Financials for Q1 FY27, Appoints Cost Auditor
Oil India's Board approved unaudited financial results for Q1 FY27 on standalone and consolidated basis. The company also appointed M/s Shome & Banerjee as Cost Auditor for FY 2026-27. The Board Meeting was held on August 7, 2026.
The approval of quarterly financial results is a material event for investors. The appointment of a cost auditor is a standard corporate action.
The announcement is a routine update regarding the approval of financial results and the appointment of a cost auditor, with no significant positive or negative implications mentioned.
Oil India Limited announced the outcome of its Board Meeting held on August 7, 2026. The Board considered and approved the Integrated Financials, including the Unaudited Financial Results for the quarter ended June 30, 2026, on both standalone and consolidated bases, along with the Limited Review Report from the auditors.
Additionally, the Board approved the appointment of M/s Shome & Banerjee, Cost Accountants, as the Cost Auditor for the Financial Year 2026-27. The firm, established on August 8, 1968, operates as a partnership with seven partners and offers services including Cost Audit, Management Consultancy, Assurance Services, and Taxation.
The Board Meeting commenced at 03:00 p.m. and concluded at 06:15 p.m.
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Oil India Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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