Oil India Limited has announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported significant revenue and profit figures, underscoring its operational performance. The Board of Directors also approved the appointment of a new Cost Auditor for the Financial Year 2026-27, selecting M/s. Shome & Banerjee.
Oil India’s Financial Performance for Q1 FY27
Oil India Limited has released its unaudited standalone financial results for the quarter ending June 30, 2026. The company’s total income for the quarter stood at ₹8,478.78 crore. Profit before tax (including exceptional items) was reported at ₹3,741.72 crore. After accounting for tax expenses, the net profit for the period from continuing operations was ₹2,870.21 crore.
Key Financial Highlights
- Total Income: ₹8,478.78 crore
- Profit Before Tax: ₹3,741.72 crore
- Profit for the period from Continuing Operations: ₹2,870.21 crore
- Earnings Per Share (EPS) – Basic & Diluted: ₹17.65
Consolidated Financials
The consolidated financial results for the same period also reflect robust performance. Total income for the consolidated entity was ₹13,236.10 crore. Profit before tax amounted to ₹5,322.17 crore, leading to a consolidated profit for the period from continuing operations of ₹4,026.83 crore. The consolidated EPS stands at ₹22.32.
Cost Auditor Appointment
In a significant corporate decision, the Board of Directors has approved the appointment of M/s. Shome & Banerjee, Cost Accountants, as the Cost Auditor for the financial year 2026-27. The firm’s registration number is 000001.
Other Disclosures
The company has also provided disclosures regarding deviations or variations in the proceeds of public issues and outstanding defaults on loans and debt securities. For both categories, the remarks indicated ‘Not Applicable’ or ‘No Default hence Not Applicable’.
Source: BSE
