Oil India Limited — Investor Meet, 19-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Oil India's Q1 FY26 standalone PAT declined to INR 813 Cr, impacted by a 22% drop in crude oil realization ($66.2/bbl). Consolidated PAT, however, surged to INR 2,047 Cr, boosted by NRL's strong performance (PAT INR 488 Cr) and a significant INR 780 Cr profit share from Russian investments. Production targets for FY26 are 3.70 MMT oil and 3.65 BCM gas. Capex for FY26 is INR 6,995 Cr (standalone) and INR 9,133 Cr for NRL's expansion, which is 80% complete and set for phased commissioning from December 2025. The company is strategically investing INR 25,000 Cr towards its 2040 net-zero target, with a strong focus on renewables.