Oil India Q3 Results: Reports Net Profit declines 1.44% at Rs 1,436 crore in FY26

The Maharatna CPSE, Oil India Ltd has declared its financial results for Q3FY26 in its 577th meeting of the Board of Directors held on 10th February 2026 in Noida.

The Company has reported its consolidated Profit After Tax (PAT) at Rs 1,436 crore in Q3FY26 as against Rs 1,457 crore in Q3FY25. The consolidated PAT for the nine months ended 31.12.2025 is Rs 5,126 crore as compared to Rs 5,543 crore in the corresponding period of previous year.

The company has achieved a standalone Profit After Tax of Rs 808 crore in Q3FY26 as compared to Rs 1,222 crore in Q3FY25 due to sharp decline in crude price realisation from USD 73.82/bbl in Q3FY25 to USD 62.84/bbl in Q3FY26, a drop of 15%.

The Board of Directors of the Company has declared an Interim Dividend of Rs 7.00 per fully paid- up equity share in addition to 1st Interim Dividend of Rs 3.50 per fully paid-up equity share.

In its efforts towards ensuring Nation’s Energy Security, the Company, continuing its sustained efforts, produced 1.659 MMTOE of Oil & Gas production (O+OEG) from its matured and old oilfields in Q3FY26 as against1.697 MMTOE in Q3 FY25. OIL has achieved daily production of 9861 MT of crude oil on 31.12.2025, which is highest daily production during last decade.

Furthermore, the material subsidiary of Oil India Ltd, NRL (Numaligarh Refinery Ltd) has achieved a robust 125% growth in Proft After Tax, rising to Rs 867 crore in Q3FY 26 from Rs 385 crore in Q3FY25 with a GRM of $ 16.27/bbl.