(THE NEWSMAN OF INDIA.COM)
Oil India Limited, the Maharatna CPSE of Govt. of India, declared its financial results for Q1FY26, in its 570th meeting of the Board of Directors held on 12th August 2025 in Noida. The Company sustained its consolidated PAT at ₹ 2046.51 Cr. in Q1FY26 vis-à-vis ₹ 2016.30 Cr. in Q1FY25. OIL achieved a standalone PAT of ₹ 813.48 Cr. in Q1FY26 vis-à-vis ₹ 1466.84 Cr. achieved in Q1FY25 due to sharp drop in crude price realisation from USD 84.89/bbl in Q1FY25 to USD 66.20/bbl in Q1FY26, a drop of 22%. The consolidated Earnings Per Share (EPS) for Q1FY26 is ₹ 11.66/share vis-à-vis ₹ 11.59/share for Q1FY25.

On Production front, continuing its growth story, OIL pursued its efforts towards ensuring Nation’s Energy Security by sustaining its Oil & Gas production (O+OEG) from its matured and old oilfields in the Northeast at 1.680 MMTOE in Q1FY26 vis-à-vis 1.689 MMTOE in Q1FY25. During the quarter, OIL made a Hydrocarbon discovery at Namrup-Borhat OALP block and commenced gas production from the Bakhritibba Discovered Small Field (DSF) block located in Rajasthan’s Jaisalmer District. OIL’s material subsidiary NRL sustained its crude throughput at 799 TMT during Q1FY26 vis-à-vis 764 TMT achieved in Q1FY25.