Oil India Ltd

The Board of Oil India at its meeting held on 11 September 2025 has accorded its approval for: (i) Formation of a joint venture company with Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL)with 50:50 equity holding. (ii) Transfer of renewal energy (RE) assets to OIL Green Energy (wholly-owned subsidiary), at book value of the respective assets on the closing date of the power purchase agreements determined as per the provisions of the business transfer agreement to be executed.Powered by Capital Market - Live

Oil India announced that the Annual General Meeting(AGM) of the company will be held on 18 September 2025.Powered by Capital Market - Live

Oil India has fixed 04 September 2025 as record date for final dividend for FY 2024-25. Powered by Capital Market - Live

Net profit of Oil India rose 0.56% to Rs 1896.42 crore in the quarter ended June 2025 as against Rs 1885.78 crore during the previous quarter ended June 2024. Sales declined 2.36% to Rs 7928.66 crore in the quarter ended June 2025 as against Rs 8120.21 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales7928.668120.21 -2 OPM %29.6538.69 - PBDT3132.143254.92 -4 PBT2505.082701.47 -7 NP1896.421885.78 1 Powered by Capital Market - Live

Given the increasing importance of critical minerals, OIL India has diversified into critical minerals apart from its present portfolio of Oil and Gas. IREL, a Miniratna PSU, under Department of Atomic Energy, is engaged in mining and processing of mineral sands, including extraction and refining of Rare Earth Elements. The collaboration between OIL India and IREL marks a crucial milestone in India's pursuit of self-reliance in critical minerals and rare earth elements. As part of identified PSUs under the National Critical Mineral Mission of Govt. of India, this collaboration will play a vital role in securing strategic mineral resources essential for the nation's energy security and technological advancement. Oil India is engaged in exploration, development, and production of crude oil and natural gas, transportation of crude oil, and production of LPG. It also provides various exploration & production (E&P)-related services for oil blocks. The company's consolidated net profit declined 38.8% to Rs 1310.10 on 3.7% fall in net sales to Rs 8808.34 crore in Q4 March 2025 over Q4 March 2024. The counter rose 0.02% to end at Rs 432.10 on the BSE.Powered by Capital Market - Live

Oil India and IREL (India) have signed a Memorandum of Understanding (MoU) on 07 August 2025 in Mumbai to cooperate and collaborate for development of Critical Minerals. Given the increasing importance of critical minerals, OIL has diversified into Critical Minerals apart from its present portfolio of Oil and Gas. IREL, a Miniratna PSU, under Department of Atomic Energy, is engaged in mining and processing of mineral sands, including extraction and refining of Rare Earth Elements. OIL and IREL's partnership marks a crucial milestone in India's pursuit of self-reliance in critical minerals and rare earth elements. As part of identified PSUs under the National Critical Mineral Mission of Govt. of India, this collaboration will play a vital role in securing strategic mineral resources essential for the nation's energy security and technological advancement. Powered by Capital Market - Live

Oil India announced that Rupam Barua, Executive Director (Finance & Accounts), Senior Management of Company (One level below the Board of Directors), will be superannuating from services of the Company after close of working hours on 31 July 2025.Powered by Capital Market - Live

Oil India will hold a meeting of the Board of Directors of the Company on 12 August 2025.Powered by Capital Market - Live

Oil India announced that in terms of Joint Venture Agreement executed between Government of Assam (GoA), Oil India, National Fertilizers, Hindustan Urvarak & Rasayan and Brahmaputra Valley Fertilizer Corporation, a Joint Venture Company in the name of 'Assam Valley Fertilizer and Chemical Company' (AVFCCL) has been incorporated. Oil India has a 18% stake in the JV. AVFCCL has been incorporated for setting up of a new Ammonia-Urea Complex Namrup IV Fertilizer Plant at Namrup, Assam.Powered by Capital Market - Live

Shares of Gail India rose 0.12% to Rs 185.26 on the BSE. The renewed pact, effective from 1 July 2025, will involve the supply of up to 900,000 standard cubic metres per day (SCMD) of natural gas from Oil India's gas fields in Rajasthan, it added. This agreement underscores the commitment of both Maharatna CPSEs to the production, transportation, and distribution of gas sourced from domestic fields. It reflects their collaborative approach to strengthening energy security and enhancing accessibility. The procured gas will be supplied to the state-run power utility, Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL), for electricity generation. Oil India is engaged in exploration, development, and production of crude oil and natural gas, transportation of crude oil, and production of LPG. It also provides various E&P-related services for oil blocks. GAIL (lndia) is the largest state-owned natural gas processing and distribution company in the country. It has a diversified business portfolio and has interests in the sourcing and trading of natural gas, production of LPG, liquid hydrocarbons and petrochemicals, transmission of natural gas and LPG through pipelines, etc. Shares of Oil India rose 0.25% to Rs 446.40 on the BSE. Powered by Capital Market - Live