Oil India Limited — Investor Meet, 21-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Oil India's Q2 FY26 standalone revenue hit INR 5,456 crore (+9% QoQ), with PAT at INR 1,044 crore (+28.8% QoQ). Consolidated PAT was INR 1,640 crore. Crude price declines pressured EBITDA (34%). An interim dividend of INR 3.50/share was announced. Key updates: Numaligarh Siliguri pipeline mechanically complete; NRL refinery expansion commissioning by Dec 2025. FY26 oil production target is 3.55 MMT. Andaman exploration noted gas occurrence, but INR 723 Cr in exploratory well expenses were written off. $300 million in Russian dividends remain stuck. Management is focused on execution and growth.