OIL sustains ₹9,175 Crore consolidated turnover in Q2FY26; declares interim dividend of ₹3.50 per share
Oil India Limited reported Q2FY26 results with ₹9,175 crore consolidated turnover and declared ₹3.50 interim dividend. Standalone PAT declined due to lower crude prices, balanced by key operational advancements and lifting of force majeure.
The announcement includes Q2FY26 financial results, an interim dividend declaration, and several key operational milestones, including a new bioethanol plant, pipeline upgradation, and the lifting of force majeure on a significant international asset. These factors collectively have a substantial impact on the company's financial standing and future prospects.
While consolidated turnover increased and an interim dividend was declared, standalone PAT declined significantly due to lower crude oil prices. This is balanced by positive operational achievements like NRL's new bioethanol plant, NSPL upgradation, and the lifting of force majeure on the Mozambique block.
* Oil India Limited declared its financial results for Q2FY26 at its 574th Board meeting held on 14 November 2025. * The company sustained its consolidated turnover at ₹9,175 crore in Q2FY26, up from ₹8,136 crore in Q2FY25. * Standalone Profit After Tax (PAT) for Q2FY26 was ₹1,044 crore, a decrease from ₹1,834 crore in Q2FY25, primarily due to a 14% sharp drop in crude price realisation from USD 79.33/bbl to USD 68.19/bbl. * An Interim Dividend of ₹3.50 per fully paid equity share has been recommended by the Board of Directors. * Production of Oil & Oil Equivalent Gas (O+OEG) was 1.652 MMTOE in Q2FY26. * OIL's material subsidiary, NRL, sustained crude throughput at 753 TMT during Q2FY26 with a capacity utilization of 100.38%. * During the quarter, NRL inaugurated India's first 2G bioethanol plant, which uses bamboo as feedstock. * OIL achieved mechanical completion for the upgradation of facilities for the Numaligarh–Siliguri Product Pipeline (NSPL). * The force majeure on OIL's 4% interest in Area-1 Offshore LNG Block in Mozambique, which was in place since May 2021, has been lifted in November 2025.
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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 high impact, which is the band that most often changes something.
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