Oil India Limited reported strong performance for FY2025-26, achieving a consolidated revenue of ₹38,981 crore and a consolidated PAT of ₹7,551 crore. The company continues to prioritize its upstream footprint, securing a robust 1,06,481 sq. km of acreage. With a clear roadmap for energy transition, including ₹20,000 crore committed to renewables and green energy by 2040, the company remains focused on delivering sustainable value while targeting a Net Zero status.
Financial Performance Overview
Oil India has demonstrated significant resilience and strategic execution throughout FY2025-26. The company posted a consolidated revenue of ₹38,981 crore, reflecting a 3% growth over the previous year. Consolidated Profit After Tax (PAT) reached ₹7,551 crore, representing a 7% growth compared to FY25. On a standalone basis, the company achieved total income of ₹24,039 crore and a PAT of ₹4,455 crore, with a market capitalization reaching ₹82,000 crore as of May 20, 2026.
Operational Achievements and Upstream Focus
The company achieved a record daily crude oil production of 10,566 MT/day, the highest in the last decade, supported by 74 wells drilled in a single year. Its reserve base remains healthy with a 2P Domestic Reserve Replacement Ratio (RRR) of 1.02. The company currently operates 63 blocks across 8 sedimentary basins, with a total acreage of 1,06,481 sq. km. Recent exploratory efforts have led to 8 discoveries over the last three years, emphasizing the success of deeper drilling activities.
Downstream and Infrastructure Expansion
Oil India’s downstream arm, NRL, marked a milestone with the highest-ever crude processing of 3,113 TMT and achieving Navratna status in December 2025. Infrastructure projects are progressing rapidly, with the Paradip-Numaligarh Crude Pipeline (PNPCL) reaching 92% physical completion. Additionally, the Numaligarh-Siliguri Pipeline (NSPL) expansion achieved mechanical completion in October 2025, further bolstering the company’s integrated energy value chain.
Future-Ready Energy Transition
Commitment to a sustainable future is a core pillar of the company’s strategy. Oil India has earmarked over ₹20,000 crore for investment by 2040 into renewables, Compressed Biogas (CBG), biofuels, and Green Hydrogen. The company currently operates 188 MW of renewable assets and aims to reach 5+ GW by 2040. Furthermore, the company has implemented extensive ESG initiatives, including a Green Credit Program and mass plantation projects, while maintaining a clear path toward Net Zero by 2040.
Source: BSE
