By THE NEWSMAN OF INDIA.COM| Oil India Limited, the Maharatna CPSE of Govt. of India, declared its financial results for Q2FY26, in its 574th meeting of the Board of Directors held on 14th November 2025 in Noida. The Company sustained its consolidated turnover at ₹ 9,175 Cr. in Q2FY26 vis-à-vis ₹ 8,136 Cr. in Q2FY25. OIL achieved a standalone PAT of ₹ 1,044 Cr. in Q2FY26 vis-à-vis ₹ 1,834 Cr. achieved in Q2FY25 due to sharp drop in crude price realisation from USD 79.33/bbl in Q2FY25 to USD 68.19/bbl in Q2FY26, a drop of 14%. The Board of Directors of the Company has recommended an Interim Dividend of ₹ 3.50/- per fully paid equity share. Continuing its sustained efforts, the company produced 1.652 MMTOE of O+OEG in Q2FY26 vis-à-vis 1.674 MMTOE of O+OEG in Q2FY25. OIL’s material subsidiary NRL sustained its crude throughput at 753 TMT during Q2FY26 vis-à-vis 683 TMT achieved in Q2FY25 with a capacity utilization 100.38%.During the quarter, OIL’s material subsidiary NRL created history with the inauguration of India’s first 2G bioethanol plant by the Prime Minister of India that uses bamboo as feedstock. OIL achieved a major milestone during Q2FY26 by way of mechanical completion for upgradation of facilities of the Numaligarh–Siliguri Product Pipeline (NSPL). OIL holds 4% interest in Area-1 Offshore LNG Block in Mozambique, which was under force majeure since May 2021, has now been lifted in November 2025.