Hindustan oil exploration Company Limited has announced that the audio recording of its Q3FY26 earnings conference call is now available on the company's website. The call, which was held on February 18, 2026 at 11:00 AM IST, discussed the financial results for the quarter ended December 31, 2025.

Audio Recording Availability

Following the completion of the earnings call, the company has made the audio recording accessible to stakeholders through its official website. The recording has been uploaded in compliance with Regulation 30 of the SEBI regulations.

Conference Call Details

The original earnings call was structured to accommodate participants from multiple regions with comprehensive dial-in arrangements. The call featured senior management representation including Mr. R. Jeevanandam (Managing Director), Mr. N.S. Senthilnathan (Chief Financial Officer), and Mr. Krishnan Raghavan (Chief Technical Officer – E&P).

Regulatory Compliance

The company has informed both the National Stock Exchange of India Limited and BSE Limited about the availability of the audio recording through official communication. This announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India regulations, ensuring transparency and accessibility for investors and analysts.

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.

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 Production Updates

The company's latest operational data reveals mixed production performance across its key assets. Gross production averaged 5,123 barrels of oil equivalent per day (BOEPD) in Q3FY26, while net production reached 2,491 BOEPD.

Earnings Call and Investor Engagement

HOEC has scheduled an earnings call for February 18, 2026, to discuss the Q3FY26 results with investors and analysts. The company released a comprehensive earnings presentation on February 16, 2026, highlighting its strategy-aligned asset portfolio across key resource-rich locations in India.

The presentation emphasizes the company's focus on discovered resources, offshore operating capabilities, and growth strategy across 10 out of 11 blocks with discovered or producing resources. HOEC maintains presence in 4 out of 7 producing basins in India, including established footprints in North-East, Cambay, Mumbai Offshore, and Cauvery Offshore regions.

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. These unaudited financial results have been subjected to limited review by the statutory auditors, who issued an unmodified review report.