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Oil India profit doubles, announces interim dividend

Positive+662 sourcesCompany event

GreyOak summary

Oil India Corporation reported a standalone net profit of ₹2259.42 crore for Q2 FY27, more than doubling the previous year's figure. The board approved an interim dividend of ₹7 per share, payable by December 12, 2026. Net revenue rose to ₹8071.33 crore driven by a 35% increase in crude oil realisation.

What it affects

  • Oil IndiaOILPositive +66

    Profit doubled; interim dividend approved.Rolling sentiment Neutral +6

Source

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