Oil India has reported results for first quarter ended June 30, 2021.
The company has reported net profit at Rs 507.94 crore for the quarter under review as compared to net loss Rs 248.61 crore for the same quarter in the previous year. Total income of the company increased by 63.82% at Rs 3070.78 crore for Q1FY22 as compared Rs 1874.48 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported above 3- fold jump in its net profit attributable to owners at Rs 1054.52 crore for the quarter under review as compared to Rs 285.91 crore for the same quarter in the previous year. Total income of the company increased by 44.81% at Rs 6276.58 crore for Q1FY22 as compared Rs 4334.48 crore for the corresponding quarter previous year.
