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Oil India reports strong Q1 results, signs exploration deal

August 12, 2025 at 07:06 PM UTCBy FilingReader AI

Oil India Limited reported consolidated profit of ₹2,046.51 crore for Q1FY26, with standalone profit at ₹813.48 crore despite a 22% drop in crude price realization.

The company and ONGC signed a joint operating agreement for three new OALP-IX exploration blocks, expanding hydrocarbon exploration efforts.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:OILBombay Stock Exchange

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