State-run Oil India reported net profit on Friday 2284.41 cr in Q3FY23 against 1297.79 crore in the year-ago quarter, representing a growth of 76% YoY.
The company posted Profit Before Tax (PBT) 3264.01 cr in Q3FY23 as compared to Rs. 2134.01 crore in Q3FY22, representing a YoY growth of 52.95%. EPS of oil india reached as compared to 21.07 in Q3FY23 11.97 in Q3FY22.
The company also declared 100% dividend to its eligible shareholders.
Oil India in a stock exchange filing today said the board of directors has “declared a second interim dividend of Rs. 10/- per share (100% of the paid-up capital) for the financial year 2022. 23. Declared interim dividend to be paid March 12, 2023. Eligibility of shareholders for payment of second interim dividend 2022-23.
On a consolidated basis, Oil India posted revenue from operations of 10,580.55 crore in Q3FY23 as compared to Rs. 7685.49 crore over the year-ago quarter, representing a growth of 37.66%.
Oil India Limited (OIL), a Navratna company, is the second largest national oil and gas company in India and a state-owned firm of the Government of India. OIL is administered by the Ministry of Petroleum and Natural Gas.
Shares of Oil India Limited closed today on NSE Closes at 223.90, down 2.27% from previous close 229.10.
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