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Oil India reports 16.16% fall in Q2 net profit

07 Nov 2012 Evaluate

Oil India has reported results for second quarter ended September 30, 2012.

The company has reported a fall of 16.16% in its net profit at Rs 954.57 crore for the quarter as compared to Rs 1138.52 crore for the same quarter in the previous year. Total income of the company has decreased by 22.86% at Rs 2921.84 crore for quarter under review as compared to Rs 3787.92 crore for the quarter ended September 30, 2011.

Peers
Company Name CMP
ONGC 232.75
Oil India 477.00
Jindal Drilling&Inds 582.80
Deep Industries 734.55
Aban Offshore 14.20
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