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Oil India doubles quarterly net profit and declares interim dividend with November record date
Originally reported by LiveMint Markets as: Oil India dividend, Q2 results 2026: PSU giant announces interim payout as profit more than doubles - Check record date
12 Nov 2026, 6:06 pm IST · Xecute.finance News DeskArchive edition
The crisp read
Oil India reported a standalone net profit of ₹2,259.42 crore for the second quarter of financial year 2027, more than doubling from the previous year, while revenue reached ₹8,071.33 crore. The board declared an interim dividend of ₹7 per share, setting November 20 as the record date.
Deep dive - the full story
Oil India has announced its standalone financial results for the second quarter of financial year 2027, posting a net profit of ₹2,259.42 crore which more than doubled compared to the same period in the previous year. The company's total revenue for the quarter stood at ₹8,071.33 crore. Alongside the earnings report, the board of directors approved an interim dividend payout of ₹7 per share for shareholders.
The company has fixed November 20 as the official record date to determine eligible beneficiaries for the dividend distribution. Investors and portfolio managers should verify their shareholdings ahead of the record date to ensure entitlement to the interim dividend. Financial analysts should review the underlying operational metrics driving this revenue and profit expansion.
Bottom Line: Tracking corporate earnings and dividend record dates is vital for optimizing cash returns in equity portfolios.
Source: livemint.com
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