Standalone net profit reached ₹2,259.42 crore for the second quarter of financial year 2026-27, driven by a 35% increase in crude oil realisation to $92.24 per barrel. Net revenue from operations advanced to ₹8,071.33 crore, pushing the standalone net profit margin up to 27.99%. To distribute these gains, the board approved an interim dividend of ₹7 per share, payable by December 12, 2026. The corporate earnings update arrived as company shares closed slightly down at ₹440.50 on the BSE.
Key points
Eligible shareholders must hold the stock on or before the record date of Friday, Novembe…: Eligible shareholders must hold the stock on or before the record date of Friday, November 20, to qualify for payout.
The company expects to complete the entire interim dividend distribution process on or be…: The company expects to complete the entire interim dividend distribution process on or before December 12, 2026.
Crude oil realisation climbing to $92.24 per barrel significantly expanded the standalone…: Crude oil realisation climbing to $92.24 per barrel significantly expanded the standalone net profit margin to 27.99%.
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Oil India dividend, Q2 result: Oil India Corporation Limited’s standalone net profit more than doubled during the second quarter of financial year 2026-27, announced the PSU oil giant on Thursday, November 12. Oil India’s board of directors also approved interim dividend for FY27.
Shares of Oil India Corporation closed 1.01% lower on Thursday as investors awaited the announcement of its Q2 results.
Oil India Q2 results
Oil India’s net profit increased to ₹2259.42 crore in the second quarter of financial year 2026-27, up against ₹1044.02 crore in the year ago period. The PSU’s standalone profit excludes profit from its JVs and operations outside India.
Net revenue from operations stood at ₹8071.33 crore during the quarter under review, against ₹5456.72 crore in the year ago period. Its crude oil realisation climbed 35% to $92.24 per barrel from $68.19 per barrel a year earlier. The company’s net profit margin expanded to 27.99% from 19.13% a year earlier.
Oil India dividend, payment timeline
The board of directors approved interim dividend of ₹7 per share, which is 70% of the stock’s face value, ie…
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