Link: https://links.sgx.com/1.0.0/corporate-announcements/GMQD4VMAM8PPF8F7/883b925801a24a557b913f85e83aff610d503be60e9c3db4784a2270fd5cc2ff

Summary:

• Unaudited standalone net profit for Q2 FY2026 surged to ₹3,830 crore, up sharply from ₹631 crore year-on-year; H1 profit at ₹8,201 crore compared to ₹987 crore last year.

• Consolidated profit after tax for H1 FY2026 reached ₹7,970 crore, up from ₹777 crore year-on-year; strong total comprehensive income of ₹8,038 crore.

• Revenue from operations for H1 FY2026 was ₹2,29,383 crore, nearly flat year-on-year.

• Board declared an interim dividend of ₹5 per equity share; record date is November 6, 2025, payout by November 27, 2025.

• Average Gross Refining Margin (GRM) up to $5.95/bbl for April-September 2025, vs $4.03/bbl prior year.

• Net worth rose to ₹56,889 crore, total assets stood at ₹1,93,889 crore as on September 30, 2025.

• Gearing ratio improved to 1.03; operating margin at 4.92%, net profit margin at 3.50%.

• Compensation from government for LPG under-recoveries to start accrual/disbursement from November 2025.

• No defaults reported on loans or debt securities; independent auditor’s review finds no material misstatements.