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Oil India Q2 Net Profit Rises 53% to ₹2,521 Crore on Higher Realisation

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2 min read ·

Sentiment: PositiveHigh Priority

What Happened?

Oil India Ltd reported a 53% increase in profit after tax to ₹2,521 crore for Q2 2026, driven by higher crude oil production and prices. The company's total income also rose significantly during this period.

Key points

Oil India's profit after tax for Q2 2026 is ₹2,521 crore, up from ₹1,644 crore in Q2 2025.
Crude oil production increased by 20%, reaching 1.021 million tonnes.
Crude oil price realisation jumped 35% from $68.19 to $92.24 per barrel.
Total income for Q2 2026 rose 26% to ₹12,303 crore.
The refinery achieved a capacity utilisation of 106.26% in the first half of 2026-27.

Key insights

Higher crude oil prices may lead to increased revenue for Oil India in future quarters.
The production increase reflects effective management of oilfields, which could enhance long-term profitability.
Strong financial results may attract more investment in the energy sector.

Why it matters

The profit increase indicates strong operational performance and market conditions for Oil India.

Oil India Q2 Net Profit Rises 53% to ₹2,521 Crore on Higher Realisation

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