Oil India Q1 profit nearly doubles to ₹4,027 crore on higher crude output and NRL earnings

Oil India reported a consolidated net profit of ₹4,027 crore in Q1 FY27, nearly doubling from last year. This growth came as the company produced more crude oil and saw strong earnings from Numaligarh Refinery. The firm also discovered natural gas in the Andaman Basin, marking a big milestone for them.