Hindustan oil exploration Company Limited has announced its earnings conference call to discuss the Q3FY26 financial results for the quarter ended December 31, 2025. The call is scheduled for February 18, 2026 at 11:00 AM IST, providing investors and analysts an opportunity to review the company's quarterly performance.

Conference Call Details

The earnings call has been structured to accommodate participants from multiple regions with comprehensive dial-in arrangements:

The company has also introduced a pre-registration facility with DiamondPass™ technology, allowing participants to join directly without waiting for operator assistance, thereby reducing queue times and enhancing the call experience.

Management Participation

The earnings call will feature senior management representation to provide comprehensive insights into the company's Q3FY26 performance:

• Mr. R. Jeevanandam – Managing Director
• Mr. N.S. Senthilnathan – Chief Financial Officer
• Mr. Krishnan Raghavan – Chief Technical Officer – E&P

Company Profile

Hindustan Oil Exploration Company Limited operates as one of the pioneer private players in India's Oil & Gas Exploration and Production sector. The company maintains a strategic presence across the Indian energy landscape with a diverse asset portfolio comprising 10 oil and gas blocks with discovered resources and one exploratory block. These assets are strategically positioned across four of the seven producing basins in India.

With over four decades of sectoral experience, HOEC focuses on establishing and transforming resources into productive assets while creating value for stakeholders. The company's operational expertise spans the complete E&P value chain, from exploration activities to production operations.

Regulatory Compliance

The earnings call announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India regulations. The company has duly informed both the National Stock Exchange of India Limited and BSE Limited about the scheduled earnings call through official communication dated February 13, 2026.

Hindustan Oil Exploration Company Limited has delivered impressive financial performance for the quarter ended December 31, 2025, with net profit surging 141% year-on-year despite stable revenue levels. The oil and gas exploration company's Board of Directors approved these unaudited standalone financial results at their meeting held on February 13, 2026.

Strong Quarterly Performance Despite Revenue Stability

The company's Q3 FY26 results demonstrate robust operational efficiency improvements. While revenue from operations remained relatively flat at ₹7,732.32 lakhs compared to ₹7,763.91 lakhs in Q3 FY25, the company achieved significant profit growth through effective cost management.

Exceptional Nine-Month Performance

The nine-month period ended December 31, 2025, showcased even more impressive growth metrics. Net profit for the period reached ₹7,921.03 lakhs, representing a substantial 311% increase from ₹1,926.83 lakhs in the corresponding period of FY25. This exceptional performance was supported by strong revenue growth of 126% to ₹48,231.08 lakhs.

The nine-month results included exceptional items of ₹3,251.87 lakhs, contributing to the overall strong performance.

Operational Highlights and Cost Structure

The company's cost management initiatives yielded positive results during Q3 FY26. Total expenses for the quarter were ₹6,589.97 lakhs compared to ₹7,016.91 lakhs in Q3 FY25, reflecting a 6% reduction. Key expense categories included:

• Share of expenses from producing oil and gas blocks: ₹6,033.59 lakhs
• Royalty, Cess and National Calamity Contingent Duty: ₹1,244.43 lakhs
• Depreciation, depletion and amortization: ₹820.02 lakhs
• Finance costs from banks and financial institutions: ₹88.59 lakhs

The company benefited from a decrease in stock of crude oil and condensate, which contributed ₹2,179.61 lakhs positively to the results.

Recent Corporate Developments

During the quarter ended March 31, 2025, HOEC took over 40% participating interest of another joint operator in Block B-80. The company entered into a Crude Off-take and Sale Agreement (COSA) with Hindustan Petroleum Corporation Limited (HPCL) during the quarter ended September 30, 2025, with oil transfer taking place on September 25, 2025.

The Government of India implemented four new Labour Codes with effect from November 21, 2025, resulting in an incremental impact of ₹145.36 lakhs reported in the current period's profit and loss.

Financial Position and Outlook

The company maintains a stable capital structure with paid-up equity share capital of ₹13,225.93 lakhs, consisting of shares with a face value of ₹10 each. The strong financial performance reflects the company's effective operational management and strategic positioning in India's oil and gas exploration sector.

These unaudited financial results have been subjected to limited review by the statutory auditors, who issued an unmodified review report. The results demonstrate HOEC's continued focus on operational excellence and value creation for shareholders.