Oil India 1QFY27 revenue and profit rise on stronger oil output
Oil India’s 1QFY27 revenue rose 9% above estimate to INR79.6b, helped by 11% YoY oil production growth to 0.95mmt. Oil realization increased 4% above estimate to USD98.7/bbl. EBITDA came in at INR43.4b (+83% YoY), and PAT surged to INR13.1b. Gas growth depends on timely DNPL connectivity and IGGL feeder lines.