Oil India Dividend Alert! Rs. 3.50 Payout, 21st November Confirmed As Record Date; How To Set Up Trade?

Oil India Limited (OIL), a Maharatna CPSE of the Government of India engaged in the exploration, production, and transportation of crude oil and natural gas, has declared an interim dividend of 35% for FY26. The PSU stock has a set record date for the same purpose. In addition, the company has released its financial results for the quarter and half-year that ended on September 30, 2025.

Oil India Dividend

For the fiscal year 2025-2026, OIL has announced an interim dividend of Rs. 3.50/-per share (35% of paid-up capital). The announced interim dividend shall be paid by December 14, 2025, at the latest. The record date for determining which shareholders are eligible to receive the interim dividend for 2025-2026 is Friday, November 21, 2025.

Oil India Q2 Results

Compared to Rs 1,834.07 crore in Q2 FY25, Oil India's standalone net profit fell 43.1% to Rs 1,044.02 crore in Q2 FY26. For the quarter ending September 30, 2025, revenue from operations increased 4.01% year on year (YoY) to Rs 5,456.64 crore. Profit before tax was Rs 1,317.59 crore, a 42.85% drop from Rs 2,305.36 crore during the same period last year.

Oil India Target Price

"Oil India is consolidating after a strong multi-month rally. The stock is above key moving averages, showing trend strength, but momentum indicators are flattening. Support sits near ₹420, while resistance is around ₹450-455. A breakout above resistance could restart the uptrend; otherwise, sideways action may continue," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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