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Oil India discovered natural gas at its third exploratory well in the Andaman Shallow Offshore Block. This discovery marks the second successful hydrocarbon find during its ongoing exploration campaign.
Oil India transcript for FY26 reporting consolidated income of ₹38,981 cr (+3% YoY) and PAT of ₹7,551 cr (+7% YoY). Strategy focuses on integrated energy expansion and net-zero by 2040.
Oil India Ltd filed its Annual Secretarial Compliance Report for FY2026. The report details ₹0.63 Crore in total fines for historical governance non-compliances.
Oil India Limited was fined ₹0.11 Crore by NSE and BSE for board non-compliance. The company cited government-controlled director appointments as the reason.
Oil India's subsidiary signed a 50:50 joint venture with Hindustan Waste Treatment for bioenergy projects. The partnership focuses on sustainable resource recovery and compressed biogas.
Oil India delivered a steady performance but is aggressively ramping up exploration and midstream capacity. Management is balancing production maintenance from mature fields with multi-basin drilling to meet ambitious long-term output targets.
Oil India FY26 consolidated revenue reached ₹38,981 Cr with PAT of ₹7,551 Cr. Strategy shifts toward 'Integrated Energy' targeting Net Zero by 2040.
Oil India discovered natural gas in Rajasthan's Dandewala Field, recording 25,000 SCMD inflow. This milestone validates the shallower Sanu Formation play, enhancing the field's resource potential.
Oil India recommended a final dividend of ₹1 per equity share for FY 2025-26. Payment follows shareholder approval at the upcoming Annual General Meeting.
Oil India Ltd reported a ₹7,551 Crore consolidated annual profit, driven by record drilling and workover operations. The Board recommended a ₹1.00 final dividend.
Oil India Ltd reported revenue from operations of ₹10,013 Cr (+4.4% YoY) and net profit of ₹2,424 Cr (+62.0% YoY) for Q4 FY26.
Oil India Ltd reported financial results and recommended a ₹1.00 per share final dividend. The board also approved a biogas joint venture agreement.
Oil India Limited has scheduled a Board Meeting for May 13, 2026, to approve audited standalone and consolidated financial results for the year ended March 31, 2026. The board will also consider a final dividend for FY 2025-26. The trading window remains closed until May 15, 2026.
Oil India Ltd has scheduled a Board Meeting on May 13, 2026. The board will consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and may recommend a final dividend for FY 2025-26.
Oil India Limited announced its fifth hydrocarbon discovery in the Ghadames Basin, Libya (Area 95/96). The discovery was made at the A1-96/02 well, where OIL holds a 25% participating interest. The National Oil Corporation of Libya formally declared the find, reaffirming the block's significant prospectivity as the company plans further appraisal activities.
Oil India Ltd's subsidiary, OGEL, signed an MoU with Numaligarh Refinery Limited (NRL) for collaboration in renewable energy development and procurement. This strategic partnership supports Oil India's 2040 net-zero target and emphasizes meeting group captive energy requirements through sustainable energy transitions.
Oil India Limited and the Ministry of Petroleum & Natural Gas confirmed that the Promoter's (President of India) 56.66% stake, comprising 92,15,64,990 shares, remains unencumbered as of March 31, 2026. This annual disclosure ensures transparency regarding the absence of any pledges on the government's shareholding.