New Delhi: India's leading energy company Oil India Limited has posted group turnover for the first half of FY25 at Rs 17,486.79 crore and Profit After Tax (PAT) of Rs 4,085.46 crore. The Maharatna PSU announced financial result on Tuesday in a mandatory filing to the bourses. The Company posted a standalone PAT of Rs 1,834.07 crore for Q2 FY25 while PAT for the half year ended 30th September 2024 is recorded at Rs 3,300.91 crore.
Oil India has demonstrated continued momentum in crude oil and natural gas production by recording 4.79 percent rise in crude oil output for Q2 FY25, achieving 0.875 MMT. The Crude Oil production for the half-year FY25 increased by 5.5 percent to 1.746 MMT while Natural gas production also grew by 3.99 percent, reaching 1,617 MMSCM during the period.
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Oil India’s Earnings Per Share (EPS) for the half year ending September 30, 2024, stands at Rs 20.29/share. The substantial growth in Oil India’s physical & financial performance showcases OIL’s strong performance and its commitment to Energy Self-reliance in India’s energy sector.
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