Oil India report 38% fall in Q2 consolidated net profit

11 Nov 2019 Evaluate

Oil India has reported results for second quarter ended September 30, 2019.

The company has reported 27.24% fall in its net profit at Rs 627.23 crore for the quarter under review as compared to Rs 862.01 crore for the same quarter in the previous year. Total income of the company decreased by 13.64% at Rs 3481.52 crore for Q2FY20 as compared Rs 4031.41 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 38.02% in its net profit at Rs 661.53 crore for the quarter under review as compared to Rs 1067.26 crore for the same quarter in the previous year. Total income of the company decreased by 14.98% at Rs 3399.81 crore for Q2FY20 as compared Rs 3998.76 crore for the corresponding quarter previous year.

Oil India Share Price

600.10 0.70 (0.12%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
ONGC 267.85
Oil India 600.10
Jindal Drilling&Inds 613.25
Hind Oil Exploration 178.85
Deep Industries 308.45
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.