Financial Performance Summary
Standalone Performance:
- Q1 FY27 PAT: ₹2,870 crore (highest-ever quarterly standalone PAT)
- YoY Growth: 2.5 times increase from ₹813 crore in Q1 FY26
- Crude oil price realization: USD 98.73/bbl in Q1 FY27
Consolidated Performance:
- Q1 FY27 PAT: ₹4,027 crore
- YoY Growth: 97% increase from ₹2,047 crore in Q1 FY26
Operational Performance
Crude Oil Production:
- Q1 FY27 production: 0.950 MMT
- YoY Growth: 11% increase from 0.853 MMT in Q1 FY26
- Record daily production: 10,921 MT (84,109 bbl) achieved on June 27, 2026
Subsidiary Performance (NRL):
- Q1 FY27 PAT: ₹1,305 crore
- YoY Growth: 167% increase from ₹488 crore in Q1 FY26
- GRM: USD 35.95/bbl vs USD 5.02/bbl in Q1 FY26
- Distillate Yield: 87.58% vs 85.38% in Q1 FY26
Exploration Updates
New Discoveries:
- Natural gas discovery in Vijaya Puram-3 exploratory well in the Andaman Basin
- Discovery reaffirms the basin's hydrocarbon potential
Technical Achievement:
- Successfully completed highly deviated exploratory well
- Achieved highest-ever horizontal displacement of 3,116 metres in an onshore well in Assam
Strategic Context
The results were approved in the 583rd meeting of the Board of Directors held on August 7, 2026. The performance is attributed to the company's efforts towards ensuring nation's energy security, with production coming from matured oilfields. The document represents a regulatory filing under Regulation 30 of the SEBI (LODR) Regulations, 2015.