Oil India has reported results for third quarter ended December 31, 2020.
The company has reported 2 -fold jump in its net profit at Rs 903.69 crore for the quarter under review as compared to net profit at Rs 406.39 crore for the same quarter in the previous year. However, total income of the company decreased by 19.11% at Rs 2497.24 crore for Q3FY21 as compared Rs 3087.37 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 25.42% in its net profit at Rs 889.69 crore for the quarter under review as compared to net profit at Rs 709.39 crore for the same quarter in the previous year. However, total income of the company decreased by 27.39% at Rs 2246.20 crore for Q3FY21 as compared Rs 3093.72 crore for the corresponding quarter previous year.
