Oil India earnings calls.

Oil India delivered an exceptional Q1 FY27 with standalone revenue of ₹7,958 crCurrent reported value: ₹7,958 cr. No comparable prior figure is available in the source record. (highest ever quarterly) and PAT of ₹2,870 crCurrent reported value: ₹2,870 cr. No comparable prior figure is available in the source record., up 253Current reported value: 253. No comparable prior figure is available in the source record.% YoY, driven by higher crude oil price realization ($98.3/bbl vs $72/bbl YoY) and 11% production growth to 0.95 MMT. The company achieved record daily crude production of 10,921 TPD on June 27. EBITDA margin expanded sharply to 58.4% from ~34% YoY. Subsidiary NRL reported GRM of $35.95/bblCurrent $35.95/bbl. Reported change: +616% YoY (vs $5.02/bbl). (normalized at ~$33/bbl ex-inventory gains) on operating income of ₹9,146 cr, up 45% YoY, benefiting from wide diesel-crude spreads and discounts to OMCs being calibrated. Management targets 100 wells drilled in FY27 (vs 74 last year) and minimum 3.9 MMT crude production for FY27, potentially reaching 4.2 MMT by FY29. Gas production remains constrained at ~2.93 BCM pending pipeline infrastructure completion by December 2027. Key risks include gas monetization challenges, GST/royalty liability of ₹2,500 cr payable in Q2, and GRM normalization as diesel-crude spreads compress.