Oil India Q1 PAT surges over 3-fold to Rs 2,870 cr
Mumbai, Aug. 8 -- Revenue from operations jumped 58.77% YoY to Rs 7,958.05 crore in Q1 FY27.
The company said its standalone PAT in Q1 FY27 was the highest ever, aided by an 11% increase in crude oil production and crude oil price realization of $98.73 per barrel. Crude oil production rose to 0.950 MMT from 0.853 MMT in Q1 FY26.
Profit before tax (PBT) surged 240.92% YoY to Rs 3741.72 crore in Q1 FY27.
Oil India also achieved its highest-ever daily crude oil production of 10,921 tonnes, equivalent to 84,109 barrels, on 27 June 2026.
The company's material subsidiary, Numaligarh Refinery (NRL), reported a 167% YoY increase in PAT to Rs 1,305 crore in Q1 FY27 from Rs 488 crore in Q1 FY26. NRL's gross refining margin (GRM) improved sha...
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