Source: CNBCTV18
State-owned Oil India Ltd (OIL) on Wednesday (May 21) reported a 22% year-on-year (YoY) decline in net profit at â¹1,591.5 crore in the fourth quarter, down from â¹2,028.83 crore in Q4FY24.
Revenue from operations was flat at â¹5,518.8 crore.
The company reported a 10.13% YoY rise in profit after tax (PAT) to â¹6,114.19 crore for the full financial year ended March 31, 2025. Earnings per share (EPS) for the year stood at â¹37.59, up from â¹34.13 in FY24.
The company also posted a 123.07% increase in capital expenditure (capex) utilisation, reaching â¹8,467.33 crore in FY25.
Also Read: OPEC sees India's oil demand rising 3.4% in 2025, double the pace of China
The company achieved its highest combined production of oil and gas (O+OEG) at 6.71 million tonnes of oil equivalent (MTOE) in FY25. Crude oil production rose 2.95% YoY to 3.458 MT, while natural gas output increased 2.2% to 3.252 billion cubic metres (BCM) â the highest levels ever recorded by the company.
The board of directors recommended a final dividend of â¹1.50 per equity share (face value â¹10), in addition to the 100% interim dividend paid earlier in the fiscal year.
The results came after the close of the market hours. Shares of Oil India Ltd ended at â¹426.50, up by â¹3.45, or 0.82%, on the BSE.
Also Read: India is hoping for $50 a barrel as oil prices slide sharply
© Copyright 2025 . All Rights Reserved.
Privacy Policy