Oil India declares ₹7 per share interim dividend and reports Q2 FY27 results

Oil India Limited has announced the approval of its unaudited financial results for the quarter and half-year ended 30th September, 2026. The company’s Board of Directors also declared an interim dividend of ₹7 per equity share, representing 70% of the paid-up capital. The record date for this dividend is set for 20th November, 2026, with payment expected by 12th December, 2026.

Board Approves Financial Results and Interim Dividend

The Board of Directors of Oil India Limited, in its meeting held on 12th November, 2026, considered and approved the unaudited financial results for the quarter and half-year ended 30th September, 2026. These results were presented on both standalone and consolidated bases, along with the limited review report from the auditors.

Interim Dividend Declared

A significant decision from the board was the declaration of an interim dividend of ₹7 per equity share. This dividend, amounting to 70% of the paid-up capital, is for the financial year 2026-27. Shareholders eligible for this dividend will receive their payout on or before 12th December, 2026. The company has fixed 20th November, 2026, as the record date to ascertain the eligibility of shareholders for this interim dividend payment.

Disclosure of Deviations and Defaults

In compliance with SEBI circulars, Oil India Limited also submitted disclosures regarding any deviation or variation in the proceeds of public, rights, or preferential issues, and qualified institutional placements. Additionally, information on outstanding defaults on loans and debt securities was provided.

Financial Highlights (Standalone)

For the quarter ended 30th September, 2026, the standalone profit after tax was ₹2,259.42 crore. The total comprehensive income stood at ₹1,740.81 crore. For the half-year ended 30th September, 2026, the standalone profit after tax was ₹5,129.63 crore, with total comprehensive income reaching ₹4,897.01 crore.

Financial Highlights (Consolidated)

On a consolidated basis, the profit after tax for the quarter ended 30th September, 2026, was ₹2,520.87 crore. Total comprehensive income was ₹2,497.93 crore. For the half-year ended 30th September, 2026, the consolidated profit after tax was ₹6,547.70 crore, and total comprehensive income was ₹6,759.42 crore.

Source: BSE

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