In its latest financial disclosure dated May 13, 2026, Oil India Limited, recognized as a Maharatna Central Public Sector Enterprise by the Government of India, unveiled its fiscal performance for the year 2025-26 during the 580th Board of Directors meeting. The company reported a significant 62% increase in its consolidated profit after tax (PAT) for the fourth quarter of FY26, reaching ₹2,424 crore, up from ₹1,497 crore in the corresponding quarter the previous year. For the entire fiscal year, the consolidated PAT stood at ₹7,551 crore, showing a modest increase from ₹7,040 crore the prior year.
On a standalone basis, Oil India Limited recorded a PAT of ₹1,790 crore for the fourth quarter of FY26, which represents a growth from ₹1,591 crore in the same quarter of FY25. This financial uplift was primarily due to a 6% rise in crude oil output and a 5% increase in the price realization of crude, which escalated from USD 74.46 per barrel in Q4 FY25 to USD 77.89 per barrel in Q4 FY26.
The Board of Directors has proposed a final dividend of ₹1.00 per equity share, with a face value of ₹10 each. This proposed dividend comes in addition to the first and second interim dividends of ₹3.50 and ₹7.00 per equity share, respectively, which were distributed over the course of the year.
In line with its commitment to bolster national energy security, Oil India Limited has reported notable achievements in its operational activities. The company extracted 0.891 million metric tonnes (MMT) of crude oil from its aging fields in the fourth quarter of FY26, an increase from 0.844 MMT in the same quarter of the previous year. A record daily production peak of 10,566 metric tonnes was reached, marking the highest in the past ten years. Throughout the year, the company successfully drilled 74 new wells and completed a record 307 workover jobs, the highest in its history, substantially contributing to a reserve replacement ratio that exceeded 1.
Furthermore, NRL, a key subsidiary of Oil India Limited, demonstrated a robust performance with a 90% surge in its Profit After Tax, which stood at ₹3,057 crore for FY26, climbing from ₹1,608 crore in FY25. The gross refining margin (GRM) was reported at $13.43 per barrel, indicating strong operational efficiency.
