Nippon Life India AMC has announced an investor conference call to discuss its financial performance for the quarter ended December 31, 2025. The company informed stock exchanges about the scheduled earnings call pursuant to regulatory requirements under SEBI listing obligations.

Conference Call Details

The investor conference call is scheduled for January 29, 2026, at 5:00 PM IST. The company has provided comprehensive participation details for investors and analysts interested in the quarterly results discussion.

Management Participation

The conference call will feature a comprehensive management team representing various business functions and divisions. Senior leadership from across the organization will be available to address investor queries and provide insights into the company's quarterly performance.

Participation and Contact Information

Investors can join the conference call through multiple channels. The company has provided both traditional dial-in options and express join alternatives for participant convenience. For technical support or enquiries related to the conference call, dedicated contact points have been established.

Contact details for conference call support include silketha.quinny@incresearch.com or +91 98923 80170. Additionally, the InCred Capital team is available through Meghna Luthra at +91 99203 76370, Satish Kumar at +91 22 4161 1557, and Ajay Rao at +91 99679 50001.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally notified both BSE Limited and National Stock Exchange of India Limited about the scheduled investor conference call on January 7, 2026. This regulatory filing ensures transparency and provides adequate notice to investors and market participants about the upcoming financial results discussion.

India has emerged as the second-largest buyer of Russian oil globally since the Ukraine war began, importing approximately €144 billion worth of crude oil from February 2022 through early 2025, according to a new report from the Centre for Research on Energy and Clean Air (CREA). The European think tank estimates that Russia has earned around €1 trillion from global oil sales since the February 24, 2022 invasion of Ukraine.

Global Russian Fossil Fuel Purchases

The CREA data reveals the scale of global Russian energy trade despite international sanctions. China leads as the largest buyer, while India follows as the second-largest purchaser of Russian fossil fuels.

China purchased €210.30 billion worth of Russian oil, along with significant amounts of coal and gas, bringing its total fossil fuel purchases to €293.70 billion. The European Union, despite imposing sanctions, spent €218.10 billion on Russian fossil fuels, with gas comprising the largest portion at €108.20 billion.

India's Russian Oil Import Surge

India, traditionally reliant on Middle Eastern oil suppliers, dramatically shifted its import strategy following the Ukraine invasion. The world's third-largest oil importer capitalized on steep discounts as Western sanctions reduced European demand for Russian crude. This strategic pivot increased Russia's share of India's total crude imports from under 1% to nearly 40% at its peak.

By September 2025, Russia supplied approximately 35% of all crude oil imported by India. However, this percentage has declined significantly following new US sanctions imposed on November 22, 2025, targeting major Russian oil exporters Rosneft and Lukoil.

Impact of Recent US Sanctions

The latest round of US sanctions has substantially affected India's Russian oil purchasing patterns. Daily purchases dropped from a peak of €189.07 million in July 2023 to €72.92 million at the beginning of January 2025.

Russia's share in Indian oil purchases has declined to less than 25% and may decrease further as major refiners adjust their sourcing strategies.

Corporate Response to Sanctions

Indian oil companies have responded differently to the new sanctions regime. Several major refiners have suspended Russian oil imports, while others continue purchasing from non-sanctioned entities.

Companies that halted Russian oil imports:

• Reliance Industries
• Hindustan Petroleum Corporation Ltd (HPCL)
• HPCL-Mittal Energy Ltd
• Mangalore Refinery and Petrochemicals Ltd

Companies continuing purchases from non-sanctioned entities:

• Indian Oil Corporation (IOC)
• Bharat Petroleum Corporation Ltd (BPCL)
• Nayara Energy (Rosneft-backed, already under EU sanctions)

Reliance Industries, previously a major buyer, has announced it will cease using Russian oil for fuel production destined for European markets, where imports of Russian-refined products are banned.

Ongoing Sanctions Framework

The sanctions against Russia stem from G7 countries and the EU rather than UN Security Council resolutions. Several nations, including China, India, Iran, the United Arab Emirates, Israel, and Saudi Arabia, do not support these unilateral sanctions. Even NATO member Turkey and EU candidate Serbia have refused to implement the restrictions.

The European Union's Russian fossil fuel imports have steadily declined since the December 2022 embargo on Russian crude oil and the February 2023 embargo on refined products. Currently, only Hungary and Slovakia continue importing Russian oil via pipeline derogations, while Russian gas remains unsanctioned.

CREA notes that sanctioning countries continue contributing to Russian revenues by allowing refined products made from Russian crude to enter their markets, highlighting the complexity of enforcing comprehensive energy sanctions in global commodity markets.