Skip to main content

MoneyWorks4Me

Oil India reports 11% rise in Q2 net profit

13 Nov 2017 Evaluate

Oil India has reported results for second quarter ended September 30, 2017.

The company has reported 11.32% rise in its net profit at Rs 645.97 crore for the quarter under review as compared to Rs 580.27 crore for the same quarter in the previous year. Total income of the company increased by 3.08% at Rs 2804.73 crore for Q2FY18 as compared Rs 2720.92 crore for the corresponding quarter previous year.

Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.

Peers
Company Name CMP
ONGC 225.00
Oil India 446.75
Jindal Drilling&Inds 498.20
Deep Industries 668.65
Asian Energy Service 421.05
View more..