Oil Country Tubular Limited Posts Net Loss in Q1 FY26, Approves Un-Audited Financial Results
Oil Country Tubular Limited (OCTL) has released and approved its un-audited standalone financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and sanctioned the results, which were accompanied by a limited review report issued by M/s CKS Associates LLP.The company reported a significant net loss for the period. Total Income from Operations stood at Rs. 1,783.33 Lakhs, comprising operational income of Rs. 1,743.64 Lakhs and other income of Rs. 39.69 Lakhs. However, the Net Profit/(Loss) for the period after tax (after Other Comprehensive Income) was reported at (Rs. 1,140.46) Lakhs.
The company’s key financial metrics across the recent quarters are presented below:
| Particulars | Quarter Ended 30.06.2026 (Un-Audited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Un-Audited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Total Income from Operations | 1,783.33 | 3,041.09 | 2,505.87 | 7,181.12 |
| Net Profit / (Loss) for the period after tax | (1,140.46) | (679.81) | (606.12) | (4,640.86) |
| Equity Share Capital | 5,618.45 | 5,198.95 | 5,198.95 | 5,198.95 |
Segmental Performance Analysis
The company’s operations are divided across multiple segments. The results for the quarter ended June 30, 2026, show performance details across both Drill Pipe and Allied Products segment as well as OCTG Services.For the period, Total Segment Revenue stood at Rs. 1,743.64 Lakhs. Revenue from Drill Pipe and Allied Products was Rs. 1,731.41 Lakhs, while revenue from OCTG Services was Rs. 12.22 Lakhs. The total segment results showed a loss before Interest and Tax of (Rs. 1,536.96) Lakhs for Drill Pipe and Allied Products and (Rs. 10.85) Lakhs for OCTG Services, contributing to a combined Total Segment Results of (Rs. 2,824.19) Lakhs before unallocable income/expenses.
A summary of the segment results is available in the table below:
| Segment | Revenue from Operations (Rs. in Lakhs) | Result before Interest and Tax (Rs. in Lakhs) |
|---|---|---|
| Drill Pipe and Allied Products | 1,731.41 | (1,536.96) |
| OCTG Services | 12.22 | (10.85) |
Corporate Actions and Financial Standing
During the quarter under review, Oil Country Tubular Limited issued and allotted 4,195,000 equity shares of face value Rs. 10/- each fully paid up. These shares were allotted pursuant to the conversion of OPS (Other Profit/Loss) to Equity Shares at a premium of Rs. 55/- each on June 18, 2026.The company reported an EBITDA for the Period ended June 30, 2026, amounting to Rs. 150.76 lakhs. The Board meeting detailing these results was held on July 30, 2026, and concluded at 12:35 P.M. (IST).
OILCOUNTUB Stock Price Movement
At 12:42 PM, Oil Country Tubular Limited sees its stock slip down 0.09%, trading at ₹56.95 in the live market. The share price navigates the intraday range, having touched as low as ₹55.01 and recording a volume of 3,540 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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