14-November-2026
Corporate News
 
Oil India Q2 standalone net profit more than doubles to Rs 2,259 crore
13-Nov-2026

State-run Oil India‘s standalone net profit more than doubled to Rs 2,259 crore in the September quarter of FY27 fromRs 1,044 crore a year earlier, driven by a 20% increase in crude oil production and 35% higher price realisations. The company also reported its highest-ever first-half standalone profit, while daily crude production touched a decade-high during September. On a consolidated basis, net profit increased 53% y-o-y to Rs 2,521 crore in the September quarter from Rs 1,644 crore. Consolidated first-half profit rose 77% to Rs 6,548 crore from Rs 3,690 crore.

News Source:- https://www.financialexpress.com/business/industry-oil-india-q2-standalone-net-profit-more-than-doubles-to-rs-2259-crore-4383002/