The 26-year-old star bagged his first Oscar nomination for his role in Garth Davis' "Lion."
The true-life inspired movie is based on Saroo Brierley, an Australian-Indian, who tries to find his lost family in India through the help of Google map.
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The 43-year-old actor, who was blessed with a baby girl recently, was presented the ceremony's first trophy by last year's best supporting actress winner, Alicia Vikander.
Other nominees in the category were Jeff Bridges ("Hell or High Water"), Lucas Hedges ("Manchester by the Sea" and Michael Shannon ("Nocturnal Animals").
Patel, who earned nominations in all the major awards this season, had won a BAFTA for his performance.
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