Oil India Limited posts 7% consolidated PAT growth in FY26, declares ₹1 dividend
Oil India Limited reported a 7% increase in consolidated PAT to ₹7,551 crore for FY26. Q4 FY26 consolidated PAT grew 62% to ₹2,424 crore. The company recommended a final dividend of ₹1 per share. Operational highlights include record well drilling and workover jobs, and a Reserve Replacement Ratio exceeding 1.
The announcement includes key financial results (PAT growth, dividend) and significant operational achievements (highest daily production, record drilling/workover) which are material to investors and stakeholders.
The company reported significant year-on-year growth in both consolidated and standalone PAT, along with strong operational performance and a recommended dividend, indicating positive financial and operational health.
Oil India Limited (OIL), a Maharatna CPSE, has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a 62% growth in consolidated Profit After Tax (PAT) for Q4 FY26, reaching ₹2,424 crore compared to ₹1,497 crore in Q4 FY25. For the full fiscal year, consolidated PAT stood at ₹7,551 crore, an increase from ₹7,040 crore in the previous year.
On a standalone basis, OIL achieved a PAT of ₹1,790 crore in Q4 FY26, up from ₹1,591 crore in Q4 FY25. This growth was attributed to a 6% increase in crude oil production and a 5% rise in crude price realization, with the average price per barrel increasing from USD 74.46 in Q4 FY25 to USD 77.89 in Q4 FY26.
The Board of Directors has recommended a final dividend of ₹1.00 per equity share, adding to the interim dividends of ₹3.50 and ₹7.00 per equity share paid earlier in the year.
In operational highlights, OIL produced 0.891 Million Metric Tonnes (MMT) of crude oil in Q4 FY26, achieving the highest daily production of 10,566 MT in the last decade. The company drilled a record 74 wells and completed 307 workover jobs during the fiscal year, marking the highest-ever achievements in both categories. This aggressive drilling and workover campaign resulted in a Reserve Replacement Ratio exceeding 1 for the year.
Furthermore, OIL's material subsidiary, Numaligarh Refinery Limited (NRL), reported a significant 90% growth in its Profit After Tax for FY26, reaching ₹3,057 crore from ₹1,608 crore in FY25, with a Gross Refinery Margin (GRM) of $13.43 per barrel.
What to do with a filing like this
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 high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Oil India Limited. Read the original for the full detail.