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Oil India reports 40% rise in Q1 net profit

12 Aug 2014 Evaluate

Oil India has reported results for first quarter ended June 30, 2014.

The company’s net profit for the quarter has surged 39.86% at Rs 851.87 crore as compared to Rs 609.08 crore for the quarter ended June 30, 2013. Its total income has increased by 19.90% to Rs 2937.01 crore for the quarter under review from Rs 2449.43 crore for the corresponding quarter of the previous year

Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company. Oil India has over 1 lakh sq km of PEL/ML areas for its exploration and production activities, most of it in the Indian North East, which accounts for its entire crude oil production and majority of gas production.

Oil India Share Price

470.10 7.80 (1.69%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
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