Oil India shares rallied more than 4% in early trade on Thursday after the state-run oil exploration company reported a strong set of Q4 FY26 earnings, with revenue, EBITDA, margin and net profit all improving sharply on a sequential basis.
At 9:28 AM IST, Oil India shares were trading sharply higher after touching an intraday high of Rs 531.00, which also marked the company’s fresh 52-week high. The stock opened at Rs 525.40 against the previous close of Rs 507.10.
During the session, the stock touched a low of Rs 516.65, while live traded volume crossed 40.52 lakh shares.
The rise in the stock came after Oil India reported consolidated revenue of Rs 10,013 crore in Q4 FY26, up 9.9% quarter-on-quarter compared with Rs 9,111 crore in the previous quarter.
The company’s operating performance also improved strongly. EBITDA rose 30.7% sequentially to Rs 3,281 crore from Rs 2,510 crore in the previous quarter.
EBITDA margin expanded sharply by 530 basis points to 32.8%, compared with 27.5% in the preceding quarter. The margin expansion indicated stronger profitability and better cost efficiency during the quarter.
Net profit surged 75.7% quarter-on-quarter to Rs 2,100 crore, compared with Rs 1,195 crore reported in the previous quarter.
Overall, Oil India shares moved higher as investors reacted to the company’s strong Q4 FY26 performance, led by higher revenue, sharp EBITDA growth, margin expansion and a strong rise in net profit.
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